This volume is the result of a conference held at the University of California, Irvine, on the topics that provide its title -- choice, decision, and measurement. The conference was planned, and the volume prepared, in honor of Professor R. Duncan Luce on his 70th birthday. Following a short autobiographical statement by Luce, the volume is organized into four topics, to each of which Luce has made significant contributions.
The book provides an overview of current issues in each area and presents some of the best recent theoretical and empirical work. Personal reflections on Luce and his work begin each section. These reflections were written by outstanding senior researchers: Peter Fishburn (Preference and Decision Making), Patrick Suppes (Measurement Theory and Axiomatic Systems), William J. McGill (Psychophysics and Reaction Time), and W.K. Estes (Choice, Identification and Categorization).
The first section presents recent theoretical and empirical work on descriptive models of decision making, and theoretical results on general probabilistic models of choice and ranking. Luce's recent theoretical and empirical work on rank- and sign-dependent utility theory is important in many of these contributions. The second section presents results from psychophysics, probabilistic measurement, aggregation of expert opinion, and test theory. The third section presents various process oriented models, with supportive data, for tasks such as redundant signal detection, forced choice, and absolute identification. The final section contains theory and data on categorization and attention, and general theoretical results for developing and testing models in these domains.
Contents: Preface. List of Contributors. List of Referees. Part I: Introduction. R. Duncan Luce, The Past Seven Years: 1988-95. Part II: Decision Making and Risk. P. Fishburn, Bookends: Recollections of a Decision Theorist. D. von Winterfeldt, Empirical Tests of Luce's Rank- and Sign-Dependent Utility Theory. E.U. Weber, The Utility of Measuring and Modeling Perceived Risk. B.A. Mellers, A. Schwartz, E.U. Weber, Do Risk Attitudes Reflect in the Eye of the Beholder? M.H. Birnbaum, Violations of Monotonicity in Judgment and Decision Making. Part III: Preference, Measurement Theory, and Axiomatic Systems. P. Suppes, Duncan Luce as Measurement Theorist. J-C. Falmagne, M. Regenwetter, B. Grofman, A Stochastic Model for the Evolution of Preferences. J.I. Yellott, Jr., Preference Models and Irreversibility. R. Niederée, D. Heyer, Generalized Random Utility Models and the Representational Theory of Measurement: A Conceptual Link. L. Narens, On Subjective Intensity and Its Measurement. M.V. Levine, S. Tsien, A Geometric Approach to Two Dimensional Measurement. J. Aczél, Bisymmetry and Consistent Aggregation: Historical Review and Recent Results. Part IV: Psychophysics and Response Time. W.J. McGill, The Writer Is Indebted to a Referee… H. Colonius, J.T. Townsend, Activation-State Representation of Models for the Redundant-Signals-Effect. E.N. Dzhafarov, Process Representations and Decompositions of Response Times. P. Karpiuk, Jr., Y. Lacouture, A.A.J. Marley, A Limited Capacity, Wave Equality, Random Walk Model of Absolute Identification. G. Iverson, D. Bamber, The Generalized Area Theorem in Signal Detection Theory. Part V: Choice and Categorization. W.K. Estes, Some Reflections on the Role of the Choice Model in Theories of Categorization, Identification, and Learning. R.M. Shiffrin, A Network Model for Multiple Choice: Accuracy and Response Times. R.M. Nosofsky, An Exemplar-Based Random-Walk Model of Speeded Categorization and Absolute Judgment. F.G. Ashby, P.M. Berretty, Categorization as a Special Case of Decision-Making or Choice. D. LaBerge, R.L. Carlson, J.K. Williams, Toward an Analytic Model of Attention to Visual Shape. Part VI: Scientific Publications of R. Duncan Luce.