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Persistent link: https://www.econbiz.de/10007025717
In daily decision making, people often solicit one another's opinions in the hope of improving their own judgment. According to both theory and empirical results, integrating even a few opinions is beneficial, with the accuracy gains diminishing as the bias of the judges or the correlation...
Persistent link: https://www.econbiz.de/10014068228
Seeking advice is a basic practice in making real life decisions. Until recently, however, little attention has been given to it in either empirical studies or theories of decision making. The studies reported here investigate the influence of advice on judgment and the consequences of advice...
Persistent link: https://www.econbiz.de/10014028609
Persistent link: https://www.econbiz.de/10014302295
Persistent link: https://www.econbiz.de/10005197360
This article reports two experiments that compared the standard ultimatum game played by individuals with the same game played by three-person groups. In the group treatment, the members of the allocating group conducted a brief, face-to-face discussion in order to decide, as a group, on a...
Persistent link: https://www.econbiz.de/10005711634
In daily decision making, people often solicit one another's opinions in the hope of improving their own judgment. According to both theory and empirical results, integrating even a few opinions is beneficial, with the accuracy gains diminishing as the bias of the judges or the correlation...
Persistent link: https://www.econbiz.de/10005752786
The purpose of the study is to explore, in the context of the Israeli-Palestinian conflict, the influence of framing a decision task as inclusion or exclusion on Israeli-Jewish respondents' support for the concession of Jewish settlements in the West Bank and Gaza. Respondents received a list of...
Persistent link: https://www.econbiz.de/10005585391
Recent advancement in genetics testing for late-onset diseases raises fundamental decision dilemmas. The first study surveyed people’s willingness to undergo predictive testing to find out about their own predisposition for certain incurable, late-onset diseases. The second study investigated...
Persistent link: https://www.econbiz.de/10005585409
Seeking advice is a basic practice in making real life decisions. Until recently, however, little attention has been given to it in either empirical studies or theories of decision making. The studies reported here investigate the influence of advice on judgment and the consequences of advice...
Persistent link: https://www.econbiz.de/10005596252