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It has been shown that in decision making evaluations of evidence and attributes are modified. In three studies it was investigated if this finding of coherence shifts generalizes to real-world probabilistic inference decisions which are made from given probabilistic cues. Using a...
Persistent link: https://www.econbiz.de/10010264843
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/10010266959
The realization of market transactions often depends on decisions in groups in which members are anonymous and cannot communicate, but have interrelated outcomes. In a comprehensive study, we investigated the interaction of group effects, strategic effects and endowment effects in different...
Persistent link: https://www.econbiz.de/10010267010
Although intuitive-automatic processes sometimes lead to systematic biases in judgment and choice, in many situations especially this kind of processes enables people to approximate rational choices. In complex base-rate tasks with repeated outcome feedback we observed choices which were in line...
Persistent link: https://www.econbiz.de/10010270635
Although intuitive-automatic processes sometimes lead to systematic biases in judgment and choice, in many situations especially this kind of processes enables people to approximate rational choices. In complex base-rate tasks with repeated outcome feedback we observed choices which were in line...
Persistent link: https://www.econbiz.de/10008633200
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/10010285359
The realization of market transactions often depends on decisions in groups in which members are anonymous and cannot communicate, but have interrelated outcomes. In a comprehensive study, we investigated the interaction of group effects, strategic effects and endowment effects in different...
Persistent link: https://www.econbiz.de/10008567936
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/10005267900
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
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