between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by … the literature and, as a result, evidence that consistency is a proxy of decision-making ability is often based on …

thereby distort optimal search. In addition, urgency may alter decision-making processes and thereby the salience of regret … interaction on search behavior in a pre-registered, theory-based, and well-powered experiment. Empirically, we and that … systematic adjustments in search length. Urgency reduces decision times and perceived decision quality, but does not generally …

management position. However, if non-contractible managerial decision rights give rise to private benefits and preference … managerial decision rights and performance-based promotions leads to a situation often referred to as the Peter principle … performance-based promotions and restricting managerial decision rights. …

financial decision making, i.e. the domain of most applied economic decision making. We find no evidence of asymmetric updating …