Showing 1 - 10 of 58
This paper explored how frames influence people's evaluation of others' probabilistic predictions in light of the outcomes of binary events. Most probabilistic predictions (e.g., ``there is a 75% chance that Denver will win the Super Bowl'') can be partitioned into two components: A qualitative...
Persistent link: https://www.econbiz.de/10010929021
Previous research on the role of choice set size in decision making has focused on decision outcomes and satisfaction. In contrast, little is known about interindividual differences in preferences for larger versus smaller choice sets, let alone the causes of such differences. Drawing on...
Persistent link: https://www.econbiz.de/10010539626
I describe and discuss the sometimes heated controversy surrounding the recognition heuristic (RH) as a model of inferential decision making. After briefly recapitulating the history of the RH up to its current version, I critically evaluate several specific assumptions and predictions of the RH...
Persistent link: https://www.econbiz.de/10009219985
The history of judgment and decision making is defined by a trend toward increasingly nuanced explanations of the decision making process. Recently, process models have become incredibly sophisticated, yet the tools available to directly test these models have not kept pace. These increasingly...
Persistent link: https://www.econbiz.de/10009401046
The aim of this article is to evaluate the contribution of process tracing data to the development and testing of models of judgment and decision making (JDM). We draw on our experience of editing the ``Handbook of process tracing methods for decision research'' recently published in the SJDM...
Persistent link: https://www.econbiz.de/10009404609
Currently, a disparity exists between the process-level models decision researchers use to describe and predict decision behavior and the methods implemented and metrics collected to test these models. The current work seeks to remedy this disparity by combining the advantages of work in...
Persistent link: https://www.econbiz.de/10009404612
People not only seek to avoid losses or secure gains; they also attempt to create opportunities for obtaining positive outcomes. When distributing money between gambles with equal probabilities, people often invest in turning negative gambles into positive ones, even at a cost of reduced...
Persistent link: https://www.econbiz.de/10010550646
Morally challenging decisions tend to be perceived as difficult by decision makers and often lead to post-decisional worry or regret. To test potential causes of these consequences, we employed realistic, morally challenging scenarios with two conflicting choice options. In addition to...
Persistent link: https://www.econbiz.de/10010550648
The field of clinical decision making is polarized by two predominate views. One holds that treatment recommendations should conform with guidelines; the other emphasizes clinical expertise in reaching case-specific judgments. Previous work developed a test for a proposed alternative, that...
Persistent link: https://www.econbiz.de/10010550653
Emotions can shape decision processes by altering valuation signals, risk perception, and strategic orientation. Although multiple theories posit a role for affective processes in mediating the influence of frames on decision making, empirical studies have yet to demonstrate that manipulated...
Persistent link: https://www.econbiz.de/10010755499