A simple artificial life model explains irrational behavior in human decision-making.
Although praised for their rationality, humans often make poor decisions, even in simple situations. In the repeated binary choice experiment, an individual has to choose repeatedly between the same two alternatives, where a reward is assigned to one of them with fixed probability. The optimal strat...
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Main Authors: | , |
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Format: | article |
Language: | EN |
Published: |
Public Library of Science (PLoS)
2012
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Online Access: | https://doaj.org/article/3a410a4b37da4992b3d0a1043c0b71dc |
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