Abstract
INDIVIDUALS MAKE an astonishing number of decisions each day. They decide on mundane matters (what to wear, drink, and read), important matters (whether one has prepared enough for a test, whether to hire a person, and whether one is persuaded by an argument), and occasionally on life-altering matters (whom to marry, where to move, and if one should have children). To help them make these decisions, people can access a seemingly endless amount of information. The simple decision of what to eat for breakfast, for example, might require a person to search the refrigerator, cabinets, and pantry, and to identify appropriate foods. The person may read the nutritional labels to learn the salt, carbohydrate, fat, and calorie content of the food. Once the person decides to have eggs for breakfast, the individual might consult a cookbook to determine whether the eggs should be scrambled, sunny side up, or made into a tasty frittata. Because people's lives are so demanding, they often do not have the time or the cognitive resources to devote much conscious attention toward all the decisions that have to be made on a daily basis. Luckily, unconscious processes often operate in conjunction with conscious thought to help people navigate through this complex informational world, shaping what information they seek out, how much information they seek out, and how they use this information to form a decision.
Original language | English (US) |
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Title of host publication | Do Emotions Help or Hurt Decision Making? |
Subtitle of host publication | A Hedgefoxian Perspective |
Publisher | Russell Sage Foundation |
Pages | 93-116 |
Number of pages | 24 |
Volume | 9781610445436 |
ISBN (Electronic) | 9781610445436 |
ISBN (Print) | 9780871548771 |
State | Published - Jan 1 2007 |
All Science Journal Classification (ASJC) codes
- General Arts and Humanities