Learning, risk attitude and hot stoves in restless bandit problems

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Integrating memories to guide decisions (2015, background): “However, there has also been increasing interest in the possibility that decisions are themselves derived more directly from episodic information — that is, by retrieving representations of the events on individual trials from working memory or episodic memory [58,59 ].”
Decisions From Experience and Statistical Probabilities: Why They Trigger Different Choices Than a Priori Probabilities (2010, background): “One possible reason why the description–experience gap does not disappear with larger samples is simple choice inertia ( Biele, Erev, & Ert, 2009 ).”
Loss aversion, diminishing sensitivity, and the effect of experience on repeated decisions† (2008, background): “Biele et al. (2007) show that this limitation can be corrected with the assumption that recency and inertia are products of decision modes that are not modeled here.”