Welcome to the Nexus of Ethics, Psychology, Morality, Philosophy and Health Care

Welcome to the nexus of ethics, psychology, morality, technology, health care, and philosophy
Showing posts with label Anchoring. Show all posts
Showing posts with label Anchoring. Show all posts

Monday, October 28, 2019

Dimensions of decision-making: An evidence-based classification of heuristics and biases

A. Ceschia and others
Personality and Individual Differences, 
Volume 146, 1 August 2019, Pages 188-200

Abstract

Traditionally, studies examining decision-making heuristics and biases (H&B) have focused on aggregate effects using between-subjects designs in order to demonstrate violations of rationality. Although H&B are often studied in isolation from others, emerging research has suggested that stable and reliable individual differences in rational thought exist, and similarity in performance across tasks are related, which may suggest an underlying phenotypic structure of decision-making skills. Though numerous theoretical and empirical classifications have been offered, results have been mixed. The current study aimed to clarify this research question. Participants (N = 289) completed a battery of 17 H&B tasks, assessed with a within-subjects design, that we selected based on a review of prior empirical and theoretical taxonomies. Exploratory and confirmatory analyses yielded a solution that suggested that these biases conform to a model composed of three dimensions: Mindware gaps, Valuation biases (i.e., Positive Illusions and Negativity effect), and Anchoring and Adjustment. We discuss these findings in relation to proposed taxonomies and existing studies on individual differences in decision-making.

A pdf of the research can be downloaded here.

Wednesday, June 28, 2017

A Teachable Ethics Scandal

Mitchell Handelsman
Teaching of Psychology

Abstract

In this article, I describe a recent scandal involving collusion between officials at the American Psychological Association (APA) and the U.S. Department of Defense, which appears to have enabled the torture of detainees at the Guantanamo Bay detention facility. The scandal is a relevant, complex, and engaging case that teachers can use in a variety of courses. Details of the scandal exemplify a number of psychological concepts, including obedience, groupthink, terror management theory, group influence, and motivation. The scandal can help students understand several factors that make ethical decision-making difficult, including stress, emotions, and cognitive factors such as loss aversion, anchoring, framing, and ethical fading. I conclude by exploring some parallels between the current torture scandal and the development of APA’s ethics guidelines regarding the use of deception in research.

The article is here.