Cognitive Learning
Theory of Attribution II: Kelley's Covariation Theory
Hindsight Biases
Purposive Learning
Observational Learning
Attribution Theory
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1Dynamic Decision Making Laboratory, Social and Decision Sciences Department, Carnegie Mellon University, Pittsburgh, PA, USA. coty@cmu.edu
Instance-based learning theory (IBLT) explains risky decisions made from experience. This chapter reviews the IBL model, detailing its successes and limitations in accounting for decision-making phenomena.
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