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About: Query theory     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatEconomicTheories, within Data Space : dbpedia.org associated with source document(s)

Type: workyago:Abstraction100002137yago:Cognition100023271yago:EconomicTheory105994935yago:Explanation105793000yago:HigherCognitiveProcess105770664yago:Process105701363yago:PsychologicalFeature100023100yago:Theory105989479yago:Thinking105770926yago:WikicatEconomicTheories New Facet based on Instances of this Class

Query theory (QT) is a theory that proposes that preferences are constructed, rather than pre-stored and immediately retrievable (as assumed by many economic models) by individuals in accordance with the answers to one or more internally posed questions, or queries. Further, the order of such queries is dependent on the structure of the choice situation or task, and can influence retrieval of information, leading to different decisions. This is a descriptive model that attempts to explain why individuals make a decision, rather than propose an optimal decision.