1. Mandeep K. Dhami & David R. Mandel (2012). Forecasted Risk Taking in Youth: Evidence for a Bounded-Rationality Perspective. Synthese 189 (S1):161-171.
    This research examined whether youth's forecasted risk taking is best predicted by a compensatory (namely, subjective expected utility) or non-compensatory (e.g., single-factor) model. Ninety youth assessed the importance of perceived benefits, importance of perceived drawbacks, subjective probability of benefits, and subjective probability of drawbacks for 16 risky behaviors clustered evenly into recreational and health/safety domains. In both domains, there was strong support for a noncompensatory model in which only the perceived importance of the benefits of engaging in a risky behavior (...)
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  2. Mandeep K. Dhami & Clare Harries (2001). Fast and Frugal Versus Regression Models of Human Judgement. Thinking and Reasoning 7 (1):5 – 27.
    Following Brunswik (1952), social judgement theorists have long relied on regression models to describe both an individual's judgements and the environment about which such judgements are made. However, social judgement theory is not synonymous with these compensatory, static, structural models. We compared the characterisations of physicians' judgements using a regression model with that of a non-compensatory process model (called fast and frugal). We found that both models fit the data equally well. Both models suggest that physicians use few cues, that (...)
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  3. Clare Harries & Mandeep K. Dhami (2000). On the Descriptive Validity and Prescriptive Utility of Fast and Frugal Models. Behavioral and Brain Sciences 23 (5):753-754.
    Simple heuristics and regression models make different assumptions about behaviour. Both the environment and judgment can be described as fast and frugal. We do not know whether humans are successful when being fast and frugal. We must assess both global accuracy and the costs of Type I and II errors. These may be “smart heuristics that make researchers look simple.”.
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