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In recent years, numerous studies comparing intuition and deliberation have been published. However, until now relatively little is known about the cognitive processes underlying the two decision modes. Therefore, we analyzed processes of information search and integration using eye-tracking...
Persistent link: https://www.econbiz.de/10004991250
In recent years, numerous studies comparing intuition and deliberation have been published. However, relatively little is known about the cognitive processes underlying the two decision modes. In two studies, we analyzed the effects of decision mode instructions on processes of information...
Persistent link: https://www.econbiz.de/10005108382
The strength of decision routines was manipulated within a computer controlled micro-world simulation which required that participants make recurrent acquisition and disposal decisions. One week after having learned weak or strong routines, participants were confronted with changes in this...
Persistent link: https://www.econbiz.de/10005463677
Online marketplaces allow consumers to leave reviews about the products they purchase, which are visible to potential customers and competitors. While the impact of reviews on valuations of worth and purchasing decisions has been intensively studied, little is known about how the reviews...
Persistent link: https://www.econbiz.de/10011212606
Broken windows: the metaphor has changed New York and Los Angeles. Yet it is far from undisputed whether the broken windows policy was causal for reducing crime. The scope of the theory is not confined to crime. The theory claims that crime is inextricably linked to social order more generally....
Persistent link: https://www.econbiz.de/10011039735
Laboratory experiments by Fudenberg and Pathak (2010), and Vyrastekova, Funaki and Takeuch (2008) show that punishment is able to sustain cooperation in groups even when it is observed only in the end of the interaction sequence. Our results demonstrate that the real power of unobserved...
Persistent link: https://www.econbiz.de/10010535929
Im vorliegenden Beitrag wird das System der kommunalen Haushalts- und Finanzkontrolle in Deutschland, bestehend aus örtlicher und überörtlicher Prüfung sowie der staatlichen Kommunalaufsicht, synoptisch dargestellt und analysiert. Dabei werden verschiedene Schwächen identifiziert und...
Persistent link: https://www.econbiz.de/10010995245
The fast-and-frugal heuristics approach to probabilistic inference assumes that individuals often employ simple heuristics to integrate cue information that commonly function in a non-reciprocal fashion. Specifically, the subjective validity of a certain cue remains stable during the application...
Persistent link: https://www.econbiz.de/10004991251
One of the core challenges of decision research is to identify individuals' decision strategies without influencing decision behavior by the method used. Br\"oder and Schiffer (2003) suggested a method to classify decision strategies based on a maximum likelihood estimation, comparing the...
Persistent link: https://www.econbiz.de/10005070437
We claim that understanding human decisions requires that both automatic and deliberate processes be considered. First, we sketch the qualitative differences between two hypothetical processing systems, an automatic and a deliberate system. Second, we show the potential that connectionism offers...
Persistent link: https://www.econbiz.de/10005575036