Regret in individual and group decision making
نویسندگان
چکیده
منابع مشابه
Regret in Decision Making
Decision research has only recently started to take seriously the role of emotions in choices and decisions. Regret is the emotion that has received the most attention. In this article, we sample a number of the initial regret studies from psychology and economics, and trace some of the complexities and contradictions to which they led. We then sketch a new theory, decision justification theory...
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Group-living species frequently pool individual information so as to reach consensus decisions such as when and where to move, or whether a predator is present. Such opinion-pooling has been demonstrated empirically, and theoretical models have been proposed to explain why group decisions are more reliable than individual decisions. Behavioural ecology theory frequently assumes that all individ...
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In this paper we introduce a multi-stage decision making procedure where decision makers sort the alternatives by means of a fixed set of linguistic categories, each one has associated a numerical score. First we average the scores obtained by each alternative and we consider the associated collective preference. Then, we obtain a distance between each individual preference and the collective o...
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Previous research (cf. B. M. Staw, Academy of Management Review, 1981, 6, 577-587) has found that when managers are given negative feedback on an initial individual investment decision, they allocate more additional funds to that investment if they, rather than another member of their organization, made the initial allocation decision. Justification is thought to underlie this phenomenon. This ...
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We revisit the phenomenon that group decisions differ systematically from decisions of individuals. Our experiment solicits individual and group decisions from the same subjects in two settings, gift-exchange games and lottery choices. With no deliberation and voting, the group decision is determined by the median individual decision, without a shift. With deliberation but no imposed decision r...
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ژورنال
عنوان ژورنال: The Japanese journal of psychology
سال: 2007
ISSN: 1884-1082,0021-5236
DOI: 10.4992/jjpsy.78.165