Numeracy predicts preference consistency: Deliberative search heuristics increase choice consistency for choices from description and experience

Many people exhibit inconsistent preferences when they make choices based on descriptive summaries as compared to choices based on prior experiences. Theoretically, factors that promote more deliberative and skilled decision making (e.g., statistical numeracy) should also tend to promote more consis...

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Bibliographic Details
Main Author: Nathaniel J. S. Ashby
Format: Article
Language:English
Published: Cambridge University Press 2017-03-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500005672/type/journal_article