Bias
The Anchoring-and-Adjustment Heuristic
Halo Effect
The Representativeness Heuristic
Decision Making: P-value Method
Decision Making
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Published on: September 10, 2018
1School of Psychological Sciences, Tel Aviv University, Ramat Aviv, POB 39040, Tel-Aviv, 69978, Israel, rani.moran@gmail.com.
Optimal decision-making in complex environments requires dynamic adjustments to evidence accumulation thresholds. Standard models like the drift diffusion model (DDM) are suboptimal in heterogeneous conditions, necessitating a dynamic bias for optimal performance.
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