Similar Search Results

Determinants of linear judgment: A meta-analysis of lens model studies

Karelaia, Natalia; Hogarth, Robin - Department of Economics and Business, Universitat … - 2007

levels of cognitive performance in both noisy and predictable environments. Although overall performance varies little … between laboratory and field studies, both differ in terms of components of performance and types of environments (numbers of …

Persistent link: https://www.econbiz.de/10005827439

High-growth cooperatives: Financial profile and key factors for competitiveness

Amat, Oriol; Perramon, Jordi - Department of Economics and Business, Universitat … - 2011

Given the current economic environment, high-growth companies are particularly relevant for their contribution to employment generation and wealth. This paper discusses the results of a survey that was conducted in order to gain a deeper understanding of high-growth cooperatives through...

Persistent link: https://www.econbiz.de/10009321523

What risks do people perceive in everyday life? A perspective gained from the experience sampling method (ESM)

Hogarth, Robin; Portell, Mariona; Cuxart, Anna - Department of Economics and Business, Universitat … - 2007

The experiential sampling method (ESM) was used to collect data from 74 parttime students who described and assessed the risks involved in their current activities when interrupted at random moments by text messages. The major categories of perceived risk were short-term in nature and involved...

Persistent link: https://www.econbiz.de/10005772021

Deciding analytically or trusting your intuition? The advantadges and disadvantadges of analytic and intuitive thought

Hogarth, Robin - Department of Economics and Business, Universitat … - 2002

Recent research has highlighted the notion that people can make judgments and choices by means of two systems that are labeled here tacit (or intuitive) and deliberate (or analytic). Whereas most decisions typically involve both systems, this chapter examines the conditions under which each...

Persistent link: https://www.econbiz.de/10005772107

Ignoring information in binary choice with continuous variables: When is less 'more'?

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2004

When can a single variable be more accurate in binary choice than multiple sources of information? We derive analytically the probability that a single variable (SV) will correctly predict one of two choices when both criterion and predictor are continuous variables. We further provide analogous...

Persistent link: https://www.econbiz.de/10005772123

Satisfaction in choice as a function of the number of alternatives: When "goods satiate" but "bads escalate"

Reutskaja, Elena; Hogarth, Robin - Department of Economics and Business, Universitat … - 2005

Whereas people are typically thought to be better off with more choices, studies show that they often prefer to choose from small as opposed to large sets of alternatives. We propose that satisfaction from choice is an inverted U-shaped function of the number of alternatives. This proposition is...

Persistent link: https://www.econbiz.de/10005772149

Regions of rationality: Maps for bounded agents

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2005

provide an overview by regressing heuristic performance on factors characterizing environments. Overall, “sensible” heuristics …

Persistent link: https://www.econbiz.de/10005772221

On heuristic and linear models of judgment: Mapping the demand for knowledge

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2006

premise that understanding human performance requires specifying how characteristics of the decision rules people use interact … empirical literature by a meta-analysis of lens model studies and estimate both human and heuristic performance in the same …

Persistent link: https://www.econbiz.de/10005772356

Is confidence in decisions related to feedback? Evidence-and lack of evidence-from random samples of real-world managerial behavior?

Hogarth, Robin - Department of Economics and Business, Universitat … - 2003

Confidence in decision making is an important dimension of managerial behavior. However, what is the relation between confidence, on the one hand, and the fact of receiving or expecting to receive feedback on decisions taken, on the other hand? To explore this and related issues in the context...

Persistent link: https://www.econbiz.de/10005772371

Cumulative dominance and heuristic performance in binary multi-attribute choice

Baucells, Manel; Carrasco, Juan A.; Hogarth, Robin - Department of Economics and Business, Universitat … - 2005

Several studies have reported high performance of simple decision heuristics multi-attribute decision making. In this … paper, we focus on situations where attributes are binary and analyze the performance of Deterministic … variables with inter-attribute positive correlations. Using these models, we show that good performance of DEBA is explained by …

Persistent link: https://www.econbiz.de/10005772445