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...

Full description

Bibliographic Details
Main Authors: Guillermo Campitelli, Martín Labollita
Format: Article
Language:English
Published: Cambridge University Press 2010-06-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500001066/type/journal_article
_version_ 1797702541796966400
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