Correlations of cognitive reflection with judgments and choices
We investigated the role of individual differences in cognitive reflection in decision making. We measured the performance of 157 participants in the cognitive reflection test (Frederick, 2005) and a number of decision-making tasks. We examined the relation of cognitive reflection with performance i...
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Format: | Article |
Language: | English |
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Cambridge University Press
2010-06-01
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Series: | Judgment and Decision Making |
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Online Access: | https://www.cambridge.org/core/product/identifier/S1930297500001066/type/journal_article |
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author | Guillermo Campitelli Martín Labollita |
author_facet | Guillermo Campitelli Martín Labollita |
author_sort | Guillermo Campitelli |
collection | DOAJ |
description | We investigated the role of individual differences in cognitive reflection in decision making. We measured the performance of 157 participants in the cognitive reflection test (Frederick, 2005) and a number of decision-making tasks. We examined the relation of cognitive reflection with performance in tasks that assess correspondence (as distinct from coherence), such as predicting the ratings of chess players. We found significant correlations between cognitive reflection and all the estimation measures in correspondence tasks. Our results suggest that cognitive reflection is a thinking disposition that includes more characteristics than originally proposed by Frederick (2005). We proposed that cognitive reflection is related to the concept of actively open-minded thinking (Baron, 1985, 2008). We concluded that cognitive reflection is a thinking disposition that interacts with knowledge, domain-specific heuristics and characteristics of the environment and that it may play an essential role in the adaptation of the decision maker to different environments and situations. |
first_indexed | 2024-03-12T04:52:32Z |
format | Article |
id | doaj.art-140d7045dc0a429aaef70fd2c9400ac0 |
institution | Directory Open Access Journal |
issn | 1930-2975 |
language | English |
last_indexed | 2024-03-12T04:52:32Z |
publishDate | 2010-06-01 |
publisher | Cambridge University Press |
record_format | Article |
series | Judgment and Decision Making |
spelling | doaj.art-140d7045dc0a429aaef70fd2c9400ac02023-09-03T09:20:22ZengCambridge University PressJudgment and Decision Making1930-29752010-06-01518219110.1017/S1930297500001066Correlations of cognitive reflection with judgments and choicesGuillermo Campitelli0Martín Labollita1Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET) Faculty of Psychology, Universidad Abierta InteramericanaFaculty of Economical Sciences, Universidad de Buenos AiresWe investigated the role of individual differences in cognitive reflection in decision making. We measured the performance of 157 participants in the cognitive reflection test (Frederick, 2005) and a number of decision-making tasks. We examined the relation of cognitive reflection with performance in tasks that assess correspondence (as distinct from coherence), such as predicting the ratings of chess players. We found significant correlations between cognitive reflection and all the estimation measures in correspondence tasks. Our results suggest that cognitive reflection is a thinking disposition that includes more characteristics than originally proposed by Frederick (2005). We proposed that cognitive reflection is related to the concept of actively open-minded thinking (Baron, 1985, 2008). We concluded that cognitive reflection is a thinking disposition that interacts with knowledge, domain-specific heuristics and characteristics of the environment and that it may play an essential role in the adaptation of the decision maker to different environments and situations.https://www.cambridge.org/core/product/identifier/S1930297500001066/type/journal_articlecognitive reflectionopen-minded thinkingheuristicsdecision making |
spellingShingle | Guillermo Campitelli Martín Labollita Correlations of cognitive reflection with judgments and choices Judgment and Decision Making cognitive reflection open-minded thinking heuristics decision making |
title | Correlations of cognitive reflection with judgments and choices |
title_full | Correlations of cognitive reflection with judgments and choices |
title_fullStr | Correlations of cognitive reflection with judgments and choices |
title_full_unstemmed | Correlations of cognitive reflection with judgments and choices |
title_short | Correlations of cognitive reflection with judgments and choices |
title_sort | correlations of cognitive reflection with judgments and choices |
topic | cognitive reflection open-minded thinking heuristics decision making |
url | https://www.cambridge.org/core/product/identifier/S1930297500001066/type/journal_article |
work_keys_str_mv | AT guillermocampitelli correlationsofcognitivereflectionwithjudgmentsandchoices AT martinlabollita correlationsofcognitivereflectionwithjudgmentsandchoices |