Intuitive numbers guide decisions

Measuring reaction times to number comparisons is thought to reveal a processing stage in elementary numerical cognition linked to internal, imprecise representations of number magnitudes. These intuitive representations of the mental number line have been demonstrated across species and human devel...

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Main Authors: Ellen Peters, Paul Slovic, Daniel Västfjäll, C. K. Mertz
Format: Article
Language:English
Published: Cambridge University Press 2008-12-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500001571/type/journal_article
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author Ellen Peters
Paul Slovic
Daniel Västfjäll
C. K. Mertz
author_facet Ellen Peters
Paul Slovic
Daniel Västfjäll
C. K. Mertz
author_sort Ellen Peters
collection DOAJ
description Measuring reaction times to number comparisons is thought to reveal a processing stage in elementary numerical cognition linked to internal, imprecise representations of number magnitudes. These intuitive representations of the mental number line have been demonstrated across species and human development but have been little explored in decision making. This paper develops and tests hypotheses about the influence of such evolutionarily ancient, intuitive numbers on human decisions. We demonstrate that individuals with more precise mental-number-line representations are higher in numeracy (number skills) consistent with previous research with children. Individuals with more precise representations (compared to those with less precise representations) also were more likely to choose larger, later amounts over smaller, immediate amounts, particularly with a larger proportional difference between the two monetary outcomes. In addition, they were more likely to choose an option with a larger proportional but smaller absolute difference compared to those with less precise representations. These results are consistent with intuitive number representations underlying: a) perceived differences between numbers, b) the extent to which proportional differences are weighed in decisions, and, ultimately, c) the valuation of decision options. Human decision processes involving numbers important to health and financial matters may be rooted in elementary, biological processes shared with other species.
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spelling doaj.art-1ab22121ca8a45cc8b7534de94c348af2023-09-03T09:20:21ZengCambridge University PressJudgment and Decision Making1930-29752008-12-01361963510.1017/S1930297500001571Intuitive numbers guide decisionsEllen Peters0Paul Slovic1Daniel Västfjäll2C. K. Mertz3Decision Research, Eugene, OR University of Oregon, Eugene, ORDecision Research, Eugene, OR University of Oregon, Eugene, ORDecision Research, Eugene, ORDecision Research, Eugene, ORMeasuring reaction times to number comparisons is thought to reveal a processing stage in elementary numerical cognition linked to internal, imprecise representations of number magnitudes. These intuitive representations of the mental number line have been demonstrated across species and human development but have been little explored in decision making. This paper develops and tests hypotheses about the influence of such evolutionarily ancient, intuitive numbers on human decisions. We demonstrate that individuals with more precise mental-number-line representations are higher in numeracy (number skills) consistent with previous research with children. Individuals with more precise representations (compared to those with less precise representations) also were more likely to choose larger, later amounts over smaller, immediate amounts, particularly with a larger proportional difference between the two monetary outcomes. In addition, they were more likely to choose an option with a larger proportional but smaller absolute difference compared to those with less precise representations. These results are consistent with intuitive number representations underlying: a) perceived differences between numbers, b) the extent to which proportional differences are weighed in decisions, and, ultimately, c) the valuation of decision options. Human decision processes involving numbers important to health and financial matters may be rooted in elementary, biological processes shared with other species.https://www.cambridge.org/core/product/identifier/S1930297500001571/type/journal_articledecision makingnumerical cognitionnumeracyproportional reasoningindividual differences
spellingShingle Ellen Peters
Paul Slovic
Daniel Västfjäll
C. K. Mertz
Intuitive numbers guide decisions
Judgment and Decision Making
decision making
numerical cognition
numeracy
proportional reasoning
individual differences
title Intuitive numbers guide decisions
title_full Intuitive numbers guide decisions
title_fullStr Intuitive numbers guide decisions
title_full_unstemmed Intuitive numbers guide decisions
title_short Intuitive numbers guide decisions
title_sort intuitive numbers guide decisions
topic decision making
numerical cognition
numeracy
proportional reasoning
individual differences
url https://www.cambridge.org/core/product/identifier/S1930297500001571/type/journal_article
work_keys_str_mv AT ellenpeters intuitivenumbersguidedecisions
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AT danielvastfjall intuitivenumbersguidedecisions
AT ckmertz intuitivenumbersguidedecisions