LEARNING FROM OUR MISTAKES: HOW AND WHEN COMPLEX DECISIONS FAIL

Grant number: DP160102360 | Funding period: 2016 - 2019

Completed

Abstract

The project aims to develop a novel mathematical framework, augmented by simulations and a set of experiments, to study when and how people commit errors. The modern environment bombards us with signals, such as radio and television advertisements as we sit at home or warning lights and car honks as we cross the road. Despite years of psychological research, it is not entirely clear how efficiently people cope with increasing amounts of information nor is it clear whether they process multiple signals simultaneously (in parallel) or one after the other (serial). The project offers new measures, based on the rate and pattern of error responses, to supplement the commonly used response times. ..

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