Publications

Dimensions of decision-making: An evidence-based classification of heuristics and biases  (2018)

Authors:
Ceschi, Andrea; Costantini, Arianna; Sartori, Riccardo; Weller, Joshua; Di Fabio, Annamaria
Title:
Dimensions of decision-making: An evidence-based classification of heuristics and biases
Year:
2018
Type of item:
Articolo in Rivista
Tipologia ANVUR:
Articolo su rivista
Language:
Inglese
Referee:
No
Name of journal:
PERSONALITY AND INDIVIDUAL DIFFERENCES
ISSN of journal:
0191-8869
Page numbers:
1-13
Keyword:
Heuristics and Biases, Decision-Making, Individual differences, Mindware gaps, Positive Illusions, Negativity effect, Anchoring and Adjustment
Short description of contents:
Traditionally, studies examining decision-making heuristics and biases (H&B) have focused on aggregate effects using between-subjects designs in order to demonstrate violations of rationality. Although H&B are often studied in isolation from others, emerging research has suggested that stable and reliable individual differences in rational thought exist, and similarity in performance across tasks are related, which may suggest an underlying phenotypic structure of decision-making skills. Though numerous theoretical and empirical classifications have been offered, results have been mixed. The current study aimed to clarify this research question. Participants (N = 289) completed a battery of 17 H&B tasks, assessed with a within-subjects design, that we selected based on a review of prior empirical and theoretical taxonomies. Exploratory and confirmatory analyses yielded a solution that suggested that these biases conform to a model composed of three dimensions: Mindware gaps, Valuation biases (i.e., Positive Illusions and Negativity effect), and Anchoring and Adjustment. We discuss these findings in relation to proposed taxonomies and existing studies on individual differences in decision-making.
Product ID:
104266
Handle IRIS:
11562/985566
Last Modified:
January 31, 2019
Attachments:
1
Bibliographic citation:
Ceschi, Andrea; Costantini, Arianna; Sartori, Riccardo; Weller, Joshua; Di Fabio, Annamaria, Dimensions of decision-making: An evidence-based classification of heuristics and biases «PERSONALITY AND INDIVIDUAL DIFFERENCES»2018pp. 1-13

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Decision-making and individual differences Department Scienze Umane Andrea Ceschi
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