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The present research investigated whether the tendency to prefer decision-consistent to decision-inconsistent information after making a preliminary choice would vary during the sequential process of searching for additional pieces of decision-relevant information. Specifically, it was tested...
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A prominent finding in escalating commitment and entrapment research is the "responsibility effect": people invest more in a losing course of action or persist with it for longer if they themselves initiated this action (responsibility) as opposed to if it was assigned to them. We argue that...
Persistent link: https://www.econbiz.de/10005318866
One prominent finding in research on group judgment is that groups often outperform the average of their members’ individual judgments. Previous research attributed this finding to groups weighting their more competent members more strongly (differential weighting explanation). We postulate an...
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