Contextual choice and other models of preference

Behavioral and Brain Sciences 23 (1):108-109 (2000)
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Abstract

Grace's contextual-choice model can account for the results from many studies on choice under concurrent-chain schedules. However, other models, including one that I call the “hyperbolic value-added model,” can also account for these results. Preference and resistance to change may indeed be related, but the best model of preference remains to be determined.

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