Search Results - subject:"mental representation"

Grass, Paul; Schirmer, Philipp; Siemers, Malin - 2025

People often form mental models based on incomplete information, revising them as new relevant data becomes available. In this paper, we experimentally investigate how individuals update their models when data on predictive variables are gradually revealed. We find that people's models tend to...

Persistent link: https://www.econbiz.de/10015203464

Sticky models

Grass, Paul; Schirmer, Philipp; Siemers, Malin - 2025

Persistent link: https://www.econbiz.de/10015327157

Over- and underreaction to information

Ba, Cuimin; Bohren, J. Aislinn; Imas, Alex - 2024

Persistent link: https://www.econbiz.de/10015078773

The Customer Cannot Choose

Donkers, Bas - Erasmus Research Institute of Management (ERIM), … - 2013

People can choose and they make many choices each and every day. However, most people are unaware of how strong their environment influences the choices they make. In his inaugural address, Bas Donkers highlights the impact of what people see (and what they don’t see), what people experience...

Persistent link: https://www.econbiz.de/10011149194

Explicit Nexus between morality and emotion

Sakshi, Ghai - In: Review of Applied Socio-Economic Research 5 (2013) 1, pp. 76-82

Emotions and moral values are deeply intertwined in a single thread of consciousness. The focal point of this research paper is to explore the dynamic interplay between emotions and morality and how they together propel human progress. The methodology used is to essentially evaluate the basis of...

Persistent link: https://www.econbiz.de/10010671647

Experts and decision making: first steps towards a unifying theory of decision making in novices, intermediates and experts

Herbig, Britta; Glöckner, Andreas - 2009

Expertise research shows quite ambiguous results on the abilities of experts in judgment and decision making (JDM) classic models cannot account for. This problem becomes even more accentuated if different levels of expertise are considered. We argue that parallel constraint satisfaction models...

Persistent link: https://www.econbiz.de/10010267004

Experts and Decision Making: First Steps Towards a Unifying Theory of Decision Making in Novices, Intermediates and Experts

Herbig, Britta; Glöckner, Andreas - Max-Planck-Institut zur Erforschung von … - 2009

, Intermediate Effects, Parallel Constraint Satisfaction, Mental Representation 1 … does. The process results in a mental representation that guides decision making. In many every- day situations, and … unconscious mental representation (primary network) is constructed and the favored option is chosen (see Figure 1). This process …

Persistent link: https://www.econbiz.de/10005612389