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It has been shown that in decision making evaluations of evidence and attributes are modified. In three studies it was investigated if this finding of coherence shifts generalizes to real-world probabilistic inference decisions which are made from given probabilistic cues. Using a...
Persistent link: https://www.econbiz.de/10010264843
In recent years, numerous studies comparing intuition and deliberation have been published. However, until now relatively little is known about the cognitive processes underlying the two decision modes. Therefore, we analyzed processes of information search and integration using eye-tracking...
Persistent link: https://www.econbiz.de/10010266959
The realization of market transactions often depends on decisions in groups in which members are anonymous and cannot communicate, but have interrelated outcomes. In a comprehensive study, we investigated the interaction of group effects, strategic effects and endowment effects in different...
Persistent link: https://www.econbiz.de/10010267010
Although intuitive-automatic processes sometimes lead to systematic biases in judgment and choice, in many situations especially this kind of processes enables people to approximate rational choices. In complex base-rate tasks with repeated outcome feedback we observed choices which were in line...
Persistent link: https://www.econbiz.de/10010270635
Impaired decision behavior of schizophrenia patients has been repeatedly observed. We investigated the aspects of the jumping to conclusions bias (JTC): biases in information-gathering, information weighting and integration, and overconfidence, using the process tracing paradigm Mouselab, which...
Persistent link: https://www.econbiz.de/10010285359
We claim that understanding human decisions requires that both automatic and deliberate processes be considered. First, we sketch the qualitative differences between two hypothetical processing systems, an automatic and a deliberate system. Second, we show the potential that connectionism offers...
Persistent link: https://www.econbiz.de/10003730509
in certain environments. In this chapter, it is postulated that human cognitive capacity is less severely limited than … has previously been assumed. When automatic processes are considered, one finds that cognitive capacity is not a binding …
Persistent link: https://www.econbiz.de/10003730648
capacity but instead to limitations of information search imposed by the commonly used experimental tool Mouselab (Payne et al …
Persistent link: https://www.econbiz.de/10003730760
It has been shown that in decision making evaluations of evidence and attributes are modified. In three studies it was investigated if this finding of coherence shifts generalizes to real-world probabilistic inference decisions which are made from given probabilistic cues. Using a...
Persistent link: https://www.econbiz.de/10003731154
Eine zentrale Aufgabe des Rechts besteht darin, das Zusammenleben in der Gesellschaft durch formale Regeln zu gewährleisten und diese gegebenenfalls an veränderte Anforderungen der Umwelt anzupassen. Dazu offnen sich Rechtswissenschaft und -praxis verstarkt gegenüber Befunden aus...
Persistent link: https://www.econbiz.de/10003731210