Construct · 1 fields · 1 citations

BEAST model: a standalone construct

One name. One construct. A landmark on the map.

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Judgment and decision making

a descriptive model predicting choices under risk, ambiguity and experience from expected value plus mental sampling tools that produce classic anomalies.

In judgment and decision making, BEAST model refers to a descriptive model predicting choices under risk, ambiguity and experience from expected value plus mental sampling tools that produce classic anomalies. This meaning comes from Erev (2017) in Psychological Review.[1]

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Nearby constructs

ambiguity5 fields · 6 citationsjingle · one word, five constructs experience4 fields · 6 citationsjingle · one word, four constructs expectation4 fields · 4 citationsjingle · one word, four constructs

References

Erev, I., Ert, E., Plonsky, O., Cohen, D., & Cohen, O. (2017). From anomalies to forecasts: Toward a descriptive model of decisions under risk, under ambiguity, and from experience. Psychological Review, 124(4), 369-409. https://doi.org/10.1037/rev0000062

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