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Three studies sought to investigate decision strategies in memory-based decisions and to test the predictions of the parallel constraint satisfaction (PCS) model for decision making (Glöckner & Betsch, 2008). Time pressure was manipulated and the model was compared against simple heuristics...
Persistent link: https://www.econbiz.de/10003862388
Three studies sought to investigate decision strategies in memory-based decisions and to test the predictions of the parallel constraint satisfaction (PCS) model for decision making (Glöckner & Betsch, 2008). Time pressure was manipulated and the model was compared against simple heuristics...
Persistent link: https://www.econbiz.de/10013158654
Impaired decision behavior of schizophrenia patients has been repeatedly observed. We investigated the aspects of the jumping to conclusions bias (JTC): biases in information-gathering, information weighting and integration, and overconfidence, using the process tracing paradigm Mouselab, which...
Persistent link: https://www.econbiz.de/10003861994
Classic behavioral decision research has intensively explored deliberate processes in decision making. Accordingly, individuals are viewed as bounded rational actors who, because of cognitive limitations, use simple heuristics that are successful in certain environments. In this chapter, it is...
Persistent link: https://www.econbiz.de/10003730648
Eine zentrale Aufgabe des Rechts besteht darin, das Zusammenleben in der Gesellschaft durch formale Regeln zu gewährleisten und diese gegebenenfalls an veränderte Anforderungen der Umwelt anzupassen. Dazu offnen sich Rechtswissenschaft und -praxis verstarkt gegenüber Befunden aus...
Persistent link: https://www.econbiz.de/10003731210
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/10010286696
Persistent link: https://www.econbiz.de/10012038390
Persistent link: https://www.econbiz.de/10011948923
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/10009380662
Expertise research shows quite ambiguous results on the abilities of experts in judgment and decision making (JDM) classic models cannot account for. This problem becomes even more accentuated if different levels of expertise are considered. We argue that parallel constraint satisfaction models...
Persistent link: https://www.econbiz.de/10003862047