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Persistent link: https://www.econbiz.de/10012885807
Purchase decisions occasionally involve ratio calculations (e.g., calories per serving). When faced with decisions that involve information presented in such formats, consumers often ignore the convexity inherent in these calculations and rely on the more intuitive arithmetic mean rather than...
Persistent link: https://www.econbiz.de/10012889767
When making a decision, humans consider two types of information: information they have acquired through their prior … experience of the world, and further information they gather to support the decision in question. Here, we present evidence that … understanding the human decision-making process …
Persistent link: https://www.econbiz.de/10012890500
provides new insights into managers’ resource adjustment decision-making process and enhances our understanding of the …
Persistent link: https://www.econbiz.de/10013226775
In recent years, the impact of human behavioral issues on the supply chain decision making is to arouse higher …’s procurement decisions. In this paper, we focus on the impact of a retailer’s risk aversion on its decision making considering the …
Persistent link: https://www.econbiz.de/10013235410
.e. attempting to maximize some measured outcome) as a decision-making strategy than human decision makers (Study 1). Consumers find … this consequentialist decision strategy to be objectionable in morally relevant tradeoffs and disapprove of algorithms … objections to algorithmic decision makers stem from concerns about maximization (Study 4). The results provide insight into why …
Persistent link: https://www.econbiz.de/10013242262
decision-making activities (e.g., formation of a consideration set, alternative evaluation, and decision strategies). Besides …
Persistent link: https://www.econbiz.de/10013244031
Although the argument that unconscious inputs are often key determinants of consumer decision making is compelling, it …
Persistent link: https://www.econbiz.de/10014028251
The literature on happiness shows that there are many factors that influence a person s happiness. Extending previous studies, we investigate the role of the freedom of choice as a key contributing construct in influencing a person s happiness. We define two hypothetical sub-constructs for the...
Persistent link: https://www.econbiz.de/10014030761
Persistent link: https://www.econbiz.de/10013488823