When less is more in the recognition heuristic
Date
2010
Authors
Smithson, Michael
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Publisher
Society for Judgment and Decision Making
Abstract
The "less is more effect" (LIME) occurs when a recognition-dependent agent has a greater probability of choosing the better item than a more knowledgeable agent who recognizes more items. Goldstein and Gigerenzer (2002) define α as the probability that a
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Keywords
Keywords: Choice; Less is more; Recognition heuristic
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Source
Judgment and Decision Making
Type
Journal article
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Restricted until
2037-12-31
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