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When can a single variable be more accurate in binary choice than multiple sources of information? We derive, analytically, the probability that a single variable (SV) will correctly predict one of two choices when both criterion and predictor are continuous variables. We further provide...
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People experience difficulty in facing tradeoffs in multi-attribute choice. However, to what extent do they need to face these tradeoffs explicitly? We examine choices by simple tradeoff - avoiding models in environments where "true" preferences are linear and attributes are characterized by...
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Decisions shape personal and organizational outcomes, and both researchers and practitioners look for ways to enhance decision making prowess. In this chapter, we explore whether and how mindfulness might help at various stages of decision making. We suggest that mindfulness may help notice when...
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