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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Format: | Article |
Language: | English |
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Cambridge University Press
2017-03-01
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Series: | Judgment and Decision Making |
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Online Access: | https://www.cambridge.org/core/product/identifier/S1930297500005672/type/journal_article |