Decision styles and their association with heuristic cue and decision-making rules

IF 1.6 Q2 PSYCHOLOGY, MULTIDISCIPLINARY Cogent Psychology Pub Date : 2023-01-14 DOI:10.1080/23311908.2023.2166307

S. Pathak, K. B. Srivastava, R. Dewangan

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Abstract

Abstract This study attempts to assess preferences for processing information (decision style) in normative and descriptive decision-making tasks. This study examines the relationship of rational and experiential decision styles with heuristics and the application of decision rules. 324 undergraduate and postgraduate students were drawn purposively from a technical institute. They were administered “Rational‐Experiential Inventory”, “Applying Decision Rule” task and two versions (expert and not-expert) of an essay (as a measure of heuristics). The data were analyzed using descriptive statistics, correlation, and regression techniques. The results suggest that rational decision style (RDS) is positively related to the application of decision rules, but negatively associated with the heuristic cue. Experiential decision style (EDS) and the use of heuristic in decision-making has a significant positive relationship. The application of decision rules (integration skill) and the use of heuristics showed a significant negative correlation. The regression result indicates that both decision styles, rational and experiential, play a significant role in decision-making and impact the use of heuristics and the application of decision rules in decision-making. The findings show the utility of investigating cognitive process manifestations such as decision-making styles and the application of decision-making rules based on competencies.

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来源期刊

Cogent Psychology PSYCHOLOGY, MULTIDISCIPLINARY-

CiteScore

2.90

自引率

0.00%

发文量

审稿时长

12 weeks

期刊介绍： One of the largest multidisciplinary open access journals serving the psychology community, Cogent Psychology provides a home for scientifically sound peer-reviewed research. Part of Taylor & Francis / Routledge, the journal provides authors with fast peer review and publication and, through open access publishing, endeavours to help authors share their knowledge with the world. Cogent Psychology particularly encourages interdisciplinary studies and also accepts replication studies and negative results. Cogent Psychology covers a broad range of topics and welcomes submissions in all areas of psychology, ranging from social psychology to neuroscience, and everything in between. Led by Editor-in-Chief Professor Peter Walla of Webster Private University, Austria, and supported by an expert editorial team from institutions across the globe, Cogent Psychology provides our authors with comprehensive and quality peer review. Rather than accepting manuscripts based on their level of importance or impact, editors assess manuscripts objectively, accepting valid, scientific research with sound rigorous methodology. Article-level metrics let the research speak for itself.