The equate-to-differentiate's way of seeing the prisoner's dilemma
Li, Shu; Taplin, John E.; Zhang, Yuching; S. Li; Y. C. Zhang
2007-03-15
发表期刊INFORMATION SCIENCES
ISSN0020-0255
文章类型Article
卷号177期号:6页码:1395-1412
摘要In this paper we advocate the application of the equate-to-differentiate rule to the prisoner's dilemma. As an alternative to the family of expected utility theory, the equate-to-differentiate approach [S. Li, A behavioral choice model when computational ability matters, Applied Intelligence 20 (2004) 147-163; S. Li, Equate-to-differentiate approach: an application in binary choice under uncertainty, Central European Journal of Operations Research 12 (3) (2004) 269-294] posits that the mechanism governing human risky decision making has never been one of maximising some kind of expectation, but rather some generalisation of dominance detection. In the light of the proposed representation system to describe uncertain alternatives, a decision maker's cognitive representation of the choice alternatives in the prisoner's dilemma situations is described by reference to two dimensions. The choice behaviour is thus modelled as a process in which the individual equates offered differences between alternatives on one dimension, but differentiates another one-dimensional difference as the determinant of the final choice. The predictions derived from these theoretical developments are empirically tested in six experiments with new data introduced to determine if people follow the theoretical prescriptions. In all these experiments, choices could be explained as a consequence of radically simplifying decision information.; In this paper we advocate the application of the equate-to-differentiate rule to the prisoner's dilemma. As an alternative to the family of expected utility theory, the equate-to-differentiate approach [S. Li, A behavioral choice model when computational ability matters, Applied Intelligence 20 (2004) 147-163; S. Li, Equate-to-differentiate approach: an application in binary choice under uncertainty, Central European Journal of Operations Research 12 (3) (2004) 269-294] posits that the mechanism governing human risky decision making has never been one of maximising some kind of expectation, but rather some generalisation of dominance detection. In the light of the proposed representation system to describe uncertain alternatives, a decision maker's cognitive representation of the choice alternatives in the prisoner's dilemma situations is described by reference to two dimensions. The choice behaviour is thus modelled as a process in which the individual equates offered differences between alternatives on one dimension, but differentiates another one-dimensional difference as the determinant of the final choice. The predictions derived from these theoretical developments are empirically tested in six experiments with new data introduced to determine if people follow the theoretical prescriptions. In all these experiments, choices could be explained as a consequence of radically simplifying decision information. (c) 2006 Elsevier Inc. All rights reserved.
关键词sure-thing principle sunk cost windfall gain multi-investment non-compatriot player
学科领域社会心理学
收录类别SCI ; SSCI
语种英语
WOS记录号WOS:000244123600006
引用统计
文献类型期刊论文
条目标识符http://ir.psych.ac.cn/handle/311026/5757
专题中国科学院心理研究所回溯数据库(1956-2010)
通讯作者S. Li; Y. C. Zhang
作者单位1.Chinese Acad Sci, Inst Psychol, Beijing 100101, Peoples R China
2.Univ Adelaide, Adelaide, SA 5005, Australia
推荐引用方式
GB/T 7714
Li, Shu,Taplin, John E.,Zhang, Yuching,et al. The equate-to-differentiate's way of seeing the prisoner's dilemma[J]. INFORMATION SCIENCES,2007,177(6):1395-1412.
APA Li, Shu,Taplin, John E.,Zhang, Yuching,S. Li,&Y. C. Zhang.(2007).The equate-to-differentiate's way of seeing the prisoner's dilemma.INFORMATION SCIENCES,177(6),1395-1412.
MLA Li, Shu,et al."The equate-to-differentiate's way of seeing the prisoner's dilemma".INFORMATION SCIENCES 177.6(2007):1395-1412.
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