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underlying intuition and make the application of simple heuristics and deliberate strategies very unlikely. Taking an … within a relatively short time (i.e., 2.2 seconds). The results indicate reliance on extremely well-calibrated intuition …
Persistent link: https://www.econbiz.de/10008633200
Criminal procedure is organized as a tournament with predefined roles. We show that assuming the role of a defense counsel or prosecutor leads to role induced bias even if participants are asked to predict a court ruling after they have ceased to act in that role, and if they expect a...
Persistent link: https://www.econbiz.de/10008693527
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/10005772753
Many everyday decisions have to be made under risk and can be interpreted as choices between gambles with different outcomes that are realized with specific probabilities. The underlying cognitive processes were investigated by testing six sets of hypotheses concerning choices, decision times,...
Persistent link: https://www.econbiz.de/10005772790
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/10005575036
Base-rate neglect is a robust experimental finding that individuals do not update their prior beliefs according to the Bayes' rule and, typically, underestimate their posterior probabilities. Another empirical finding is that individuals often do not acquire information even when there are no...
Persistent link: https://www.econbiz.de/10005627902
Several approaches to judgment and decision making emphasize the effort-reducing properties of heuristics. One … heuristics is not necessarily a consequence of ``intuitive'' processing. Rather, their effort-reducing features are probably most …
Persistent link: https://www.econbiz.de/10008548767
is propelled back to consciousness as an intuition. It is too early to decide whether the rational choice model is …, intuition can be misled. For instance, punishing sentiments are triggered by a hurt sense of fairness. Now in more complex …
Persistent link: https://www.econbiz.de/10005272724
Persistent link: https://www.econbiz.de/10010557767
making, utilization of intuition in decision making, utilization of emotional intelligence in decision making, a systems …
Persistent link: https://www.econbiz.de/10010755940