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Book Intuition in Judgment and Decision Making

Download or read book Intuition in Judgment and Decision Making written by Henning Plessner and published by Psychology Press. This book was released on 2011-05-20 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central goal of this volume is to bring the learning perspective into the discussion of intuition in judgment and decision making. The book gathers recent work on intuitive decision making that goes beyond the current dominant heuristic processing perspective. However, that does not mean that the book will strictly oppose this perspective. The unique perspective of this book will help to tie together these different conceptualizations of intuition and develop an integrative approach to the psychological understanding of intuition in judgment and decision making. Accordingly, some of the chapters reflect prior research from the heuristic processing perspective in the new light of the learning perspective. This book provides a representative overview of what we currently know about intuition in judgment and decision making. The authors provide latest theoretical developments, integrative frameworks and state-of-the-art reviews of research in the laboratory and in the field. Moreover, some chapters deal with applied topics. Intuition in Judgment and Decision Making aims not only at the interest of students and researchers of psychology, but also at scholars from neighboring social and behavioral sciences such as economy, sociology, political sciences, and neurosciences.

Book The Role of Intuition and Deliberation for Exploration and Exploitation Success

Download or read book The Role of Intuition and Deliberation for Exploration and Exploitation Success written by Kurt Matzler and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in social and cognitive psychology and related fields have drawn attention to the role of intuition in organizational decision making. In this study we link intuitive and deliberate decision-making styles to the success of exploration and exploitation activities, which are understood as two qualitatively opposing strategies that organizations can adopt. We provide empirical evidence that the two opposing strategies are linked to two opposing styles of decision making - intuitive and deliberate. In doing so, we draw on data which we received from 140 entrepreneurs and managing partners of Austrian companies and show that exploration is strongly related to intuitive decision making whereas exploitation draws on both intuitive and deliberate decision making. Based on our findings, we stress the complementarity of the two decision-making styles, and point out that particularly in the light of the fast-changing premises in which organizations have to manoeuvre today, decision makers are well advised to use both decision-making styles to their best benefit.

Book Developing Informed Intuition for Decision Making

Download or read book Developing Informed Intuition for Decision Making written by Jay Liebowitz and published by Taylor & Francis. This book was released on 2019-07-19 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how to develop the main traits that are necessary to become an “informed intuitant”. Case studies and examples of successful “informed intuitants” are a major component of the book. “Intuitant” is someone who has the intuitive awareness to be successful. “Informed intuitant” indicates that the individual/decision maker not only applies his/her intuition but also verifies it through using data-driven approaches (such as data analytics). Some of this work resulted from research examining how well do executives trust their intuition.

Book Dual Process Theory 2 0

Download or read book Dual Process Theory 2 0 written by Wim De Neys and published by Routledge. This book was released on 2017-11-09 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dual Process Theory 2.0 provides a comprehensive overview of the new directions in which dual process research is heading. Human thinking is often characterized as an interplay between intuition and deliberation and this two-headed, dual process view of human thinking has been very influential in the cognitive sciences and popular media. However, despite the popularity of the dual process framework it faces multiple challenges. Recent advances indicate that there is a strong need to re-think some of the fundamental assumptions of the original dual process model. With chapters written by leading scholars who have been actively involved in the development of an upgraded ‘Dual Process Theory 2.0’, this edited volume presents an accessible overview of the latest empirical findings and theoretical ideas.. With cutting edge insights on the interaction between intuition and deliberation, Dual Process Theory 2.0 should be of interest to psychologists, philosophers, and economists who are using dual process models.

Book Intuition Versus Deliberation

Download or read book Intuition Versus Deliberation written by Koen Alexander Dijkstra and published by . This book was released on 2012 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Intuitive Investor

Download or read book The Intuitive Investor written by Jason Apollo Voss and published by SelectBooks, Inc.. This book was released on 2010-10 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Successful Wall Street fund manager retired at age 35 guides investors to use intuitive and creative right-brained processes to complement traditional left-brain financial analysis. Author describes his principles based on spiritual insights and provides professional anecdotes to support his. theories"--Provided by publisher.

Book Foundations for Tracing Intuition

Download or read book Foundations for Tracing Intuition written by Andreas Glöckner and published by Psychology Press. This book was released on 2009-12-15 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of intuition and its relation to thoughtful reasoning is a burgeoning research topic in psychology and beyond. While the area has the potential to radically transform our conception of the mind and decision making, the procedures used for establishing empirical conclusions have often been vaguely formulated and obscure. This book fills a gap in the field by providing a range of methods for exploring intuition experimentally and thereby enhancing the collection of new data. The book begins by summarizing current challenges in the study of intuition and gives a new foundation for intuition research. Going beyond classical dual-process models, a new scheme is introduced to classify the different types of processes usually collected under the label of intuition. These new classifications range from learning approaches to complex cue integration models. The book then goes on to describe the wide variety of behavioural methods available to investigate these processes, including information search tracing, think aloud protocols, maximum likelihood methods, eye-tracking, and physiological and non-physiological measures of affective responses. It also discusses paradigms to investigate implicit associations and causal intuitions, video-based approaches to expert research, methods to induce specific decision modes as well as questionnaires to assess individual preferences for intuition or deliberation. By uniquely providing the basis for exploring intuition by introducing the different methods and their applications in a step-by-step manner, this text is an invaluable reference for individual research projects. It is also very useful as a course book for advanced decision making courses, and could inspire experimental explorations of intuition in psychology, behavioural economics, empirical legal studies and clinical decision making.

Book Heuristics

    Book Details:
  • Author : Gerd Gigerenzer
  • Publisher : OUP USA
  • Release : 2011-05-26
  • ISBN : 9780199744282
  • Pages : 0 pages

Download or read book Heuristics written by Gerd Gigerenzer and published by OUP USA. This book was released on 2011-05-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book compiles key articles of the simple heuristics program published across journals in different disciplines. It introduces the evolution and structure of the program, and puts each of the articles into context by short introductions. These articles present theory, real-world applications, and a sample of the large number of existing experimental studies that provide evidence for people's adaptive use of heuristics.

Book The Legal Mind

    Book Details:
  • Author : Bartosz Broz&775;ek
  • Publisher : Cambridge University Press
  • Release : 2019-11-28
  • ISBN : 1108493254
  • Pages : 191 pages

Download or read book The Legal Mind written by Bartosz Broz&775;ek and published by Cambridge University Press. This book was released on 2019-11-28 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do lawyers think? Brożek presents a new perspective on legal thinking as an interplay between intuition, imagination and language.

Book The Construction of Preference

Download or read book The Construction of Preference written by Sarah Lichtenstein and published by Cambridge University Press. This book was released on 2006-08-28 with total page 709 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the main themes that has emerged from behavioral decision research during the past three decades is the view that people's preferences are often constructed in the process of elicitation. This idea is derived from studies demonstrating that normatively equivalent methods of elicitation (e.g., choice and pricing) give rise to systematically different responses. These preference reversals violate the principle of procedure invariance that is fundamental to all theories of rational choice. If different elicitation procedures produce different orderings of options, how can preferences be defined and in what sense do they exist? This book shows not only the historical roots of preference construction but also the blossoming of the concept within psychology, law, marketing, philosophy, environmental policy, and economics. Decision making is now understood to be a highly contingent form of information processing, sensitive to task complexity, time pressure, response mode, framing, reference points, and other contextual factors.

Book Before Virtuous Practice

Download or read book Before Virtuous Practice written by Frithiof Svenson and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are a number of well-established concepts explaining decision-making. The sociology of wise practice within public administration suggests that thinking preferences like the use of intuition form a cornerstone of public administrators' virtuous practice. This contribution uses conceptual and theoretical resources from the behavioral sciences and public administration to account for individual level differences of employees with regard to thinking preferences in the public sector. Institutional frameworks and social structures may enable or impede the habituation of virtue. The contribution empirically investigates this proposition with respondents from North America and the European Union. The analysis investigates the behavioral dimension preference for intuition/preference for deliberation. An analysis of data from 333 employees from organizations in North America and 1644 employees from organizations in the EU reveal prevalent differences in the preference for thinking styles. The public and private sector differ significantly in terms of the preference for rational as well as for intuitive thinking. What is exciting is that private employees rank higher than public employees on both scales, whereas the difference in rational thinking shows a small effect and the effect size in regard of intuitive thinking is negligible. We explore possible explanations for such differences and similarities.

Book Summary Analysis Of Thinking  Fast and Slow

Download or read book Summary Analysis Of Thinking Fast and Slow written by Printright and published by . This book was released on 2020-08-25 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: SYNOPSIS: Dаnіеl Kаhnеmаn'ѕ Thіnkіng, Fаѕt аnd Slоw (2011) - a rесаріtulаtіоn оf thе dесаdеѕ оf rеѕеаrсh thаt lеd tо hіѕ winning thе Nоbеl Prіzе - еxрlаіnѕ hіѕ contributions tо our сurrеnt understanding оf psychology аnd behavioral есоnоmісѕ. Ovеr thе уеаrѕ, Kahneman аnd hіѕ соllеаguеѕ, whose wоrk thе bооk dіѕсuѕѕеѕ at length, hаvе significantly соntrіbutеd to a nеw undеrѕtаndіng of thе humаn mіnd. We now hаvе a bеttеr undеrѕtаndіng of how dесіѕіоnѕ аrе mаdе, whу сеrtаіn judgment еrrоrѕ are ѕо common and hоw wе саn improve оurѕеlvеѕ. ABOUT THЕ AUTHОR: Dаnіеl Kahneman, PhD, won the Nоbеl Prіzе іn Eсоnоmісѕ in 2002. Hе іѕ thе Sеnіоr Sсhоlаr аt thе Woodrow Wilson Sсhооl of Publіс and Intеrnаtіоnаl Affаіrѕ, Prоfеѕѕоr оf Psychology аnd Publіс Affаіrѕ Emеrіtuѕ аt thе Wооdrоw Wіlѕоn Sсhооl, Eugene Hіggіnѕ Professor оf Pѕусhоlоgу Emeritus аt Prіnсеtоn Unіvеrѕіtу, аnd a fеllоw of thе Cеntеr fоr Rationality at thе Hebrew Unіvеrѕіtу іn Jеruѕаlеm.DISCLAIMER: This book is a SUMMARY. It is meant to be a companion, not a replacement, to the original book. Please note that this summary is not authorized, licensed, approved, or endorsed by the author or publisher of the main book. The author of this summary is wholly responsible for the content of this summary and is not associated with the original author or publisher of the main book. If you'd like to purchase the original book, kindly search for the title in the search box.

Book Intuition Rather Than Deliberation Determines Selfish and Prosocial Choices

Download or read book Intuition Rather Than Deliberation Determines Selfish and Prosocial Choices written by Bence Bago and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book How Distinct are Intuition and Deliberation

Download or read book How Distinct are Intuition and Deliberation written by Nina Horstmann and published by . This book was released on 2009 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Gut Feelings

    Book Details:
  • Author : Gerd Gigerenzer
  • Publisher : Penguin UK
  • Release : 2008-08-09
  • ISBN : 0141015918
  • Pages : 284 pages

Download or read book Gut Feelings written by Gerd Gigerenzer and published by Penguin UK. This book was released on 2008-08-09 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Think less � and know more. A sportsman can catch a ball without calculating its speed or distance. A group of amateurs beat the experts at playing the stock market. A man falls for the right woman even though she�s �wrong� on paper. All these people succeeded by trusting their instincts � but how does it work? In Gut Feelings psychologist and behavioural expert Gerd Gigerenzer reveals the secrets of fast and effective decision-making. He explains that, in an uncertain world, sometimes we have to ignore too much information and rely on our brain�s �short cut�, or heuristic. By explaining how intuition works and analyzing the techniques that people use to make good decisions � whether it�s in personnel selection or heart surgery � Gigerenzer will show you why gut thinking can change your world.

Book The Routines of Decision Making

Download or read book The Routines of Decision Making written by Tilmann Betsch and published by Psychology Press. This book was released on 2014-04-04 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experience is currently a hot theme in decision making. For a long time, decision research was almost exclusively focused on new decisions and neglected the importance of experience. It took the field until the 1990s for a new direction in research and theorizing to become visible in the literature. There are parallel movements happening in sociology, political science, social psychology, and business. The purpose of this edited book is to provide a balanced and representative overview of what is currently known about the dynamics of experienced-based decision making. The chapters are written by renowned experts in the field and provide the latest theoretical developments, integrative frameworks, and state-of-the-art reviews of research in the laboratory and in the field.

Book Rational Intuition

    Book Details:
  • Author : Lisa M. Osbeck
  • Publisher : Cambridge University Press
  • Release : 2014-08-25
  • ISBN : 1107022398
  • Pages : 451 pages

Download or read book Rational Intuition written by Lisa M. Osbeck and published by Cambridge University Press. This book was released on 2014-08-25 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rational Intuition explores the concept of intuition as it relates to rationality through mediums of history, philosophy, cognitive science, and psychology.