Table A1.
Reason | Reading phase | Choice phase | Choice and reading phases | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Priority heuristic | Expectation model | Priority heuristic | Expectation model | ||||||||||
r = 1 | r = 2 | r = 3 | r = 1 | r = 2 | r = 3 | ||||||||
No. | % | No. | % | No. | % | No. | % | ||||||
Minimum outcome | 2 | 2 | 2 | 2 | 2 | 4 | 40 | 4 | 33.3 | 4 | 28.6 | 4 | 25 |
Maximum outcome | 2 | 0 | 0 | 2 | 2 | 2 | 20 | 2 | 16.7 | 4 | 28.6 | 4 | 25 |
Probability of minimum outcome | 2 | 0 | 2 | 2 | 2 | 2 | 20 | 4 | 33.3 | 4 | 28.6 | 4 | 25 |
Probability of maximum outcome | 2 | 0 | 0 | 0 | 2 | 2 | 20 | 2 | 16.7 | 2 | 14.3 | 4 | 25 |
Total number of acquisitions | 8 | 2 | 4 | 6 | 8 | 10 | 12 | 14 | 16 |
Example: There are eight acquisitions (two for each reason) in the reading phase. In the choice phase, for r = 1, the priority heuristic predicts two further acquisitions, of the minimum outcomes. Thus, across the reading and choice phases, there are a total of 10 acquisitions, in four of which minimum outcomes are examined. r = 1, one-reason choices; r = 2, two-reason choices; r = 3, three-reason choices.