Diffusion Process Models of Decision Making: Volume 1

‘This is the first volume of a pair that will become the definitive books on diffusion process models of decision making. This book provides an outstanding introduction to the theory, both clear and rigorous, written by the leading experts in the field. A ‘must buy’ for every decision scientist.’ Jerome Busemeyer, Distinguished Professor of Psychological and Brain Sciences, Indiana University Bloomington‘Philip Smith and Roger Ratcliff are the leading world researchers on evidence accumulation modeling, and have produced a definitive survey of the many variants of diffusion models and their respective merits. Every researcher in every field who would like to explain their response time and accuracy data with an evidence accumulation process should have this book on their shelves, and use it extensively.’ Richard Shiffrin, Distinguished and Luther Dana Waterman Professor, Indiana University Bloomington‘This two-volume set on what is arguably the most compelling account of human information processing is an instant classic that will prove to be an indispensable guide for future generations of cognitive scientists. It is an absolute triumph.’ Eric-Jan Wagenmakers, Professor at the Department of Psychological Methods, University of Amsterdam

Philip L. Smith has published numerous articles on mathematical models of decision processes and is the developer of the circular diffusion model of continuous-outcome decisions. He has served as a former Editor-in-Chief of the Journal of Mathematical Psychology and was awarded the Society for Mathematical Psychology’s 2002 Outstanding Paper Award for his research on diffusion process models.

Roger Ratcliff is Member of the American Academy of Arts and Sciences and winner of the Troland Research Award from the National Academy of Sciences. He is developer of the diffusion decision model with clinical and aging applications and has published extensively on memory, decision making, and cognitive neuroscience across many top theoretical journals in psychology.