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Many everyday decisions have to be made under risk and can be interpreted as choices between gambles with different outcomes that are realized with specific probabilities. The underlying cognitive processes were investigated by testing six sets of hypotheses concerning choices, decision times,...
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within a relatively short time (i.e., 2.2 seconds). The results indicate reliance on extremely well-calibrated intuition … underlying intuition and make the application of simple heuristics and deliberate strategies very unlikely. Taking an …
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In recent years, numerous studies comparing intuition and deliberation have been published. However, until now … postulate that intuition and deliberation are completely distinct processes against predictions of interventionist models. The …
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Three studies sought to investigate decision strategies in memory-based decisions and to test the predictions of the …
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We test the effects of dual processing differences in both individual traits and decision states on risk taking. In an … effect on risk taking. A test of state-trait interactions shows that the association between an intuitive trait and risk …
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