Decision making styles and the use of heuristics in decision making

被引:0
|
作者
del Campo C. [1 ]
Pauser S. [2 ]
Steiner E. [2 ]
Vetschera R. [2 ]
机构
[1] Department of Statistics and OR (Decision Analysis), Universidad Complutense de Madrid, Campus de Somosaguas, Madrid
[2] Department of Business Adminstration, University of Vienna, Oskar Morgenstern Platz 1, Vienna
关键词
Consumer choice; Decision making styles; Heuristics; Multivariate statistics; Time pressure;
D O I
10.1007/s11573-016-0811-y
中图分类号
学科分类号
摘要
Simple heuristics can be efficient ways of decision making and literature has shown that they are widely used in actual decision situations. Although many types of heuristics have been found and analyzed, there is only scarce research on factors that lead to the use of a particular heuristic. In the present paper, we describe an experiment to analyze whether the usage of a particular heuristic like recognition or take-the-best depends on individual decision making styles as identified by Scott and Bruce (Educ Psychol Meas 55(5):818–831, 1995). The experiment is based on a choice problem, in which different heuristics are likely to lead to different choices. Analyzing experimental data from two replications of the experiment in two different countries, we find some evidence that decision making styles influence the use of heuristics. However, considerable differences between the two experiments indicate that other, perhaps cultural, factors might also be important. © 2016, The Author(s).
引用
收藏
页码:389 / 412
页数:23
相关论文
共 50 条
  • [1] Heuristics in Decision Making
    Albar, Fatima M.
    Jetter, Antonie J.
    [J]. PROCEEDINGS OF PICMET 09 - TECHNOLOGY MANAGEMENT IN THE AGE OF FUNDAMENTAL CHANGE, VOLS 1-5, 2009, : 568 - 574
  • [2] Naturalistic Heuristics for Decision Making
    Keller, Niklas
    Cokely, Edward T.
    Katsikopoulos, Konstantinos V.
    Wegwarth, Odette
    [J]. JOURNAL OF COGNITIVE ENGINEERING AND DECISION MAKING, 2010, 4 (03) : 256 - 274
  • [3] Intuitive Decision Making and Use of Heuristics in Entrepreneurship Education
    Ianole, Rodica
    Cornescu, Viorel
    [J]. ENTREPRENEURSHIP EDUCATION - A PRIORITY FOR THE HIGHER EDUCATION INSTITUTIONS, 2012, : 116 - 118
  • [4] INSTRUCTION IN CAREER DECISION-MAKING AND DECISION-MAKING STYLES
    RUBINTON, N
    [J]. JOURNAL OF COUNSELING PSYCHOLOGY, 1980, 27 (06) : 581 - 588
  • [5] DECISION-MAKING STYLES AND PROGRESS IN OCCUPATIONAL DECISION-MAKING
    PHILLIPS, SD
    PAZIENZA, NJ
    WALSH, DJ
    [J]. JOURNAL OF VOCATIONAL BEHAVIOR, 1984, 25 (01) : 96 - 105
  • [6] THE DECISION-MAKING GRID - A MODEL OF DECISION-MAKING STYLES
    HALL, J
    OLEARY, V
    WILLIAMS, M
    [J]. CALIFORNIA MANAGEMENT REVIEW, 1964, 7 (02) : 43 - 54
  • [7] AGE EFFECTS AND HEURISTICS IN DECISION MAKING
    Besedes, Tibor
    Deck, Cary
    Sarangi, Sudipta
    Shor, Mikhael
    [J]. REVIEW OF ECONOMICS AND STATISTICS, 2012, 94 (02) : 580 - 595
  • [8] Heuristics, biases and strategic decision making
    Maule, AJ
    Hodgkinson, GP
    [J]. PSYCHOLOGIST, 2002, 15 (02) : 68 - 71
  • [9] Online decision aids: the role of decision-making styles and decision-making stages
    Virdi, Preeti
    Kalro, Arti D.
    Sharma, Dinesh
    [J]. INTERNATIONAL JOURNAL OF RETAIL & DISTRIBUTION MANAGEMENT, 2020, 48 (06) : 555 - 574
  • [10] DECISION-MAKING STYLES OF DIETITIANS
    MOBLEY, C
    HIMBURG, SP
    ROBEY, D
    EASTON, PS
    [J]. JOURNAL OF THE AMERICAN DIETETIC ASSOCIATION, 1984, 84 (09) : 1013 - 1017