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Human and machine: the impact of machine input on decision-making under cognitive limitations
Boyacı, Tamer; Canyakmaz, Caner; Véricourt, Francis de - 2020
. In contrast, human decision-makers (DM) are exible and adaptive but constrained by their limited cognitive capacity. This … paper investigates how machine-based predictions may affect the decision process and outcomes of a human DM. We study the … impact of these predictions on decision accuracy, the propensity and nature of decision errors as well as the DM's cognitive …
Persistent link: https://www.econbiz.de/10012319384
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Human and machine : the impact of machine input on decision-making under cognitive limitations
Boyacı, Tamer; Canyakmaz, Caner; Véricourt, Francis de - 2022 - Revised version
. In contrast, human decision-makers (DM) are flexible and adaptive but constrained by their limited cognitive capacity …. This paper investigates how machine-based predictions may affect the decision process and outcomes of a human DM. We study … the impact of these predictions on decision accuracy, the propensity and nature of decision errors as well as the DM …
Persistent link: https://www.econbiz.de/10013461593
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Decisions and performance under bounded rationality : a computational benchmarking approach
Zēgners, Dainis; Sunde, Uwe; Strittmatter, Anthony - 2020
This paper presents a novel approach to analyze human decision-making that involves comparing the behavior of …
Persistent link: https://www.econbiz.de/10012499843
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Assessing human information processing in lending decisions : a machine learning approach
Liu, Miao - In: Journal of accounting research 60 (2022) 2, pp. 607-651
Persistent link: https://www.econbiz.de/10013190962
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Cognitive sophistication and deliberation times
Alós-Ferrer, Carlos; Buckenmaier, Johannes - In: Experimental economics : a journal of the Economic … 24 (2021) 2, pp. 558-592
Persistent link: https://www.econbiz.de/10012544405
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Cognitive sophistication and deliberation times
Alós-Ferrer, Carlos; Buckenmaier, Johannes - 2019 - Revised version
Differences in cognitive sophistication and effort are at the root of behavioral heterogeneity in economics. To explain this heterogeneity, behavioral models assume that certain choices indicate higher cognitive effort. A fundamental problem with this approach is that observing a choice does not...
Persistent link: https://www.econbiz.de/10012006965
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Cognitive sophistication and deliberation times
Alós-Ferrer, Carlos; Buckenmaier, Johannes - 2018 - This version: July 2018
Behavioral heterogeneity arising from cognitive differences among economic agents plays a fundamental role in the economy. To explain this heterogeneity, models of iterative thinking assume that certain choices indicate higher cognitive effort. That is, choices are used to infer the cognitive...
Persistent link: https://www.econbiz.de/10011880533
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Cognitive reapportionment and the art of letting go : a theoretical framework for the allocation of decision rights
Konsynski, Benn R.; Kathuria, Abhishek; Karhade, Prasanna P. - In: Journal of management information systems : JMIS 41 (2024) 2, pp. 328-340
Persistent link: https://www.econbiz.de/10014583013
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Risks of observable and unobservable biases in artificial intelligence predicting consumer choice
Teleaba, Florian; Popescu, Sorin; Olaru, Marieta; … - In: Amfiteatru economic : an economic and business research … 23 (2021) 56, pp. 102-119
Companies are increasingly adopting Artificial Intelligence (AI) today. Recently however debates started over the risk of human cognitive biases being replicated (and scaled) by AI. Research on biases in AI predicting consumer choice is incipient and focuses on observable biases. We provide a...
Persistent link: https://www.econbiz.de/10012821258
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Identifying the linguistic markers of intuition in human resource (HR) practice
Sadler-Smith, Eugene; Akstinaite, Vita; Akinci, Cinla - In: Human resource management journal : HRMJ ; the … 32 (2022) 3, pp. 584-602
Persistent link: https://www.econbiz.de/10013331087