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Discuss why people seem to not calculate subjective expected utility and value. Excluding playing the lottery, cite examples of where people might make other choices if they did.
Explain the differences between normative and descriptive models. Using examples, cite the usefulness of each.
In a paper of 1,250-1,500 words, compare compensatory and noncompensatory models as discussed in Chapter 14 of Cognition: Theories and Applications. Describe how a strategy is selected for use.
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