Published online by Cambridge University Press: 01 January 2025
In many decision problems the decision-maker must ask a series of questions or select cues relevant to but prior to the decision. There are many strategies which would prescribe an order for asking such questions or selecting such cues. It is the purpose of the paper to describe a manner in which the strategy or strategies of the decision-maker can be analyzed. From this model can be derived limits corresponding to the possible use of a particular strategy, and the effective or observed use of the strategy or strategies by the decision-maker.
Preparation of this paper was supported in part by Fellowship 1-F1-MH-24, 324-01, from the National Institute of Mental Health. This paper comprises Publication Number 63 of the Institute of Behavioral Science, University of Colorado. The author would like to thank K. R. Hammond and D. W. Stilson for many helpful comments and suggestions.