This paper examines decision makers' ability to anticipate the effort and accuracy consequences of their decision strategies in multiattribute choice. Previous studies have examined experienced effort and accuracy associated with various strategies. However, if strategies are selected early in...

Financial analysts are among the most influential group of users of financial accounting information. Because the FASB has advocated usefulness as the "overriding criterion" (FASB, 1980, p.26) to judge accounting choices, accountants have a stake in understanding this important group of...

The AICPA Special Committee on Financial Reporting has urged disclosure of relevant forward-looking information on risks and opportunities to supplement conventional financial statements. We conduct a laboratory market experiment to assess the effects of such disclosures on capital allocation...

Research on cognitive processes in decision making has identified heuristics that often work well but sometimes lead to serious errors. This paper presents an investigation of the performance of heuristics in a complex dynamic setting, characterized by repeated decisions with feedback. There are...

Behavioral Decision Analysis - Past, Present and Future -- Behavioral Decision Research: Descriptive and Prescriptive Perspectives -- Behavioral Biases in the Uncertainty Quantification Process -- Analyzing Decisions Under Uncertainty: Simple Tools Of the Heathens -- Should an Analyst Share...