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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...
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Both economists and psychologists are interested in understanding decision making under uncertainty. Yet, they rely on …
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A great deal of research in consumer decision-making and social-cognition has explored consumers' attempts to simplify … that they actually exert. When a certain decision seems more difficult than initially expected, a simplifying process … ensues. However, when the decision feels easier to resolve than was anticipated (e.g., when consumers face an important, yet …
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