Abstract
Psychologists working in the field of multistage decision making feel that an important subclass of complex decision problems can be modelled within the conceptual framework of dynamic programming. The basic assumption underlying that belief is that these problems can be analysed on a stagewise decomposed level and that a similar kind of processing also is natural for human decision makers.
Keywords
- Optimal Policy
- Planning Horizon
- Transformation Rule
- Complex Decision Problem
- Logarithmic Utility Function
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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References
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Rapoport, A. Research paradigms for the study of dynamic decision behavior. In D.Wendt & C.Vlek (Eds.), Utility, probability and human making. Dordrecht, Holland: Reidel, 1975.
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© 1977 D. Reidel Publishing Company, Dordrecht-Holland
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Kleiter, G.D. (1977). Optimal Policies, Degradation, and Cognition. In: Jungermann, H., De Zeeuw, G. (eds) Decision Making and Change in Human Affairs. Theory and Decision Library, vol 16. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-1276-8_29
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DOI: https://doi.org/10.1007/978-94-010-1276-8_29
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