How Can Decision Making Be Improved?

dc.contributor.authorMilkman, Katherine L
dc.contributor.authorChugh, Dolly
dc.contributor.authorBazerman, Max H
dc.date2023-05-17T15:33:58.000
dc.date.accessioned2023-05-23T00:14:58Z
dc.date.available2023-05-23T00:14:58Z
dc.date.issued2009-07-01
dc.date.submitted2016-09-20T09:36:54-07:00
dc.description.abstractThe optimal moment to address the question of how to improve human decision making has arrived. Thanks to 50 years of research by judgment and decision-making scholars, psychologists have developed a detailed picture of the ways in which human judgment is bounded. This article argues that the time has come to focus attention on the search for strategies that will improve bounded judgment because decision-making errors are costly and are growing more costly, decision makers are receptive, and academic insights are sure to follow from research on improvement. In addition to calling for research on improvement strategies, this article organizes the existing literature pertaining to improvement strategies and highlights promising directions for future research.
dc.identifier.urihttps://repository.upenn.edu/handle/20.500.14332/42009
dc.legacy.articleid1306
dc.legacy.fields10.1111/j.1745-6924.2009.01142.x
dc.legacy.fulltexturlhttps://repository.upenn.edu/cgi/viewcontent.cgi?article=1306&context=oid_papers&unstamped=1
dc.source.beginpage379
dc.source.endpage383
dc.source.issue11
dc.source.issue4
dc.source.journalOperations, Information and Decisions Papers
dc.source.journaltitlePerspectives on Psychological Science
dc.source.peerreviewedtrue
dc.source.statuspublished
dc.source.volume4
dc.subject.otherOther Psychology
dc.subject.otherOther Social and Behavioral Sciences
dc.subject.otherPersonality and Social Contexts
dc.subject.otherSocial Statistics
dc.titleHow Can Decision Making Be Improved?
dc.typeArticle
digcom.contributor.authorMilkman, Katherine L
digcom.contributor.authorChugh, Dolly
digcom.contributor.authorBazerman, Max H
digcom.identifieroid_papers/11
digcom.identifier.contextkey9150696
digcom.identifier.submissionpathoid_papers/11
digcom.typearticle
dspace.entity.typePublication
upenn.schoolDepartmentCenterOperations, Information and Decisions Papers
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