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(Introductory paragraphs) An examination of the literature on decision making reveals a surprising neglect of the … research for decades, this enormous body of work is commonly ignored in discussions of decision making. Decision theorists … attitudes literature more than the lack of an important role of attitudes in decision making. In this chapter, we present our …
Persistent link: https://www.econbiz.de/10014178589
a shift in decision makers’ processing styles. Decision makers’ show more vigilant processing when making choices among … undesirable (vs. desirable) domains (Experiments 3A and 3B), which results in an attenuated attraction effect (Experiment 4). Our …
Persistent link: https://www.econbiz.de/10014179085
Regulation scholars have long searched for the best tools to use to achieve public policy goals, generating an extensive body of research on what has become known as instrument choice. By contrast, analysis of options for structuring how officials make regulatory decisions – process choice –...
Persistent link: https://www.econbiz.de/10014041546
Products can be described by different numbers of attributes. But can the mere number of attributes presented across a choice-set influence what type of option people choose? This paper demonstrates that attribute numerosity tends to benefit certain types of options more than others and,...
Persistent link: https://www.econbiz.de/10014043805
The well-documented shortage of donated organs suggests that greater effort should be made to increase the number of individuals who decide to become potential donors. We examine the role of one factor: the no-action default for agreement. We first argue that such decisions are constructed in...
Persistent link: https://www.econbiz.de/10014046936
propose that people rely on anticipatory emotions as a proxy for intangible outcomes when tradeoffs are implicit. This paper … reviews neuroeconomic evidence that has begun to elucidate the role of anticipatory emotions in decisions involving intangible …
Persistent link: https://www.econbiz.de/10014047936
What types of products are preferred when the purchase is immediate versus off in the distant future? Three experiments address this question by examining the influence of temporal perspective on evaluations of regulatory-framed products. The results reveal that when a purchase is about to be...
Persistent link: https://www.econbiz.de/10014048509
to make an educated decision, is paramount. However, decision makers suffer from the lack of robust and fast decision … making rules especially when qualitative decision criteria are involved in the decision making process. Incorporating … intuitive thinking, common sense and reasoning into decision making process requires structured decision criteria and …
Persistent link: https://www.econbiz.de/10014049266
decisions they make. Experiment 1 found that participants primed with luxury goods were more likely than those primed with non …, Experiment 2 further demonstrates that exposure to luxury is likely to activate self-interest but not necessarily the tendency to …
Persistent link: https://www.econbiz.de/10014201541
When a person evaluates his or her confidence in a judgment, what is the effect of receiving more judgment-relevant information? We report three studies that show when judges receive more information, their confidence increases more than their accuracy, producing substantial confidence-accuracy...
Persistent link: https://www.econbiz.de/10014213125