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ERIC Number: EJ809706
Record Type: Journal
Publication Date: 2008-Sep
Pages: 21
Abstractor: As Provided
Reference Count: 88
ISSN: ISSN-0278-7393
Multiple-Reason Decision Making Based on Automatic Processing
Glockner, Andreas; Betsch, Tilmann
Journal of Experimental Psychology: Learning, Memory, and Cognition, v34 n5 p1055-1075 Sep 2008
It has been repeatedly shown that in decisions under time constraints, individuals predominantly use noncompensatory strategies rather than complex compensatory ones. The authors argue that these findings might be due not to limitations of cognitive capacity but instead to limitations of information search imposed by the commonly used experimental tool Mouselab (J. W. Payne, J. R. Bettman, & E. J. Johnson, 1988). The authors tested this assumption in 3 experiments. In the 1st experiment, information was openly presented, whereas in the 2nd experiment, the standard Mouselab program was used under different time limits. The results indicate that individuals are able to compute weighted additive decision strategies extremely quickly if information search is not restricted by the experimental procedure. In a 3rd experiment, these results were replicated using more complex decision tasks, and the major alternative explanations that individuals use more complex heuristics or that they merely encode the constellation of cues were ruled out. In sum, the findings challenge the fundaments of bounded rationality and highlight the importance of automatic processes in decision making. (Contains 5 tables, 7 figures, and 8 footnotes.)
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Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A