Decision Complexity and Consistency in Choice Under Risk
Conference paper
Zaporozhets, T. and Kusev, P. (2013). Decision Complexity and Consistency in Choice Under Risk. 54th Annual Meeting of the Psychonomic Society. Toronto, Canada 14 - 17 Nov 2013
Authors | Zaporozhets, T. and Kusev, P. |
---|---|
Type | Conference paper |
Abstract | A long history of research has explored the complexity and management of risky environments (e.g., Johnson & Bruce, 1994; Slovic, 2000). However, very little research explored the psychological factors (e.g., readiness, context, and psychological reactions to normative rules) underlying this complexity. Typically the content of psychological readiness, as proposed in sport and work psychology, is based on physical and emotional parameters. In contrast, this research shows the cognitive mechanism underlying psychological readiness (sensitivity to context, computational rationality). In order to maintain the effectiveness of complex risky systems, managers are expected to implement (i) relevant knowledge and experience, and (ii) pre-designed normative rules and therefore to maintain accuracy in decision outputs/ performance. Accordingly, in one experiment we explored the influence of context, content, and computational rationality on decision consistency and psychological readiness. |
Year | 2013 |
Web address (URL) | https://cdn.ymaws.com/www.psychonomic.org/resource/resmgr/annual_meeting/past_and_future_meetings/2013/ps_2013_abstract_book_web_(1.pdf |
Accepted author manuscript | License File Access Level Open |
Publication dates | |
17 Nov 2013 | |
Publication process dates | |
Accepted | 17 Oct 2013 |
Deposited | 02 Nov 2022 |
Web address (URL) of conference proceedings | https://cdn.ymaws.com/www.psychonomic.org/resource/resmgr/annual_meeting/past_and_future_meetings/2013/ps_2013_abstract_book_web_(1.pdf |
https://openresearch.lsbu.ac.uk/item/9238w
Download files
46
total views46
total downloads1
views this month1
downloads this month