Arbeitspapier

Experts and decision making: first steps towards a unifying theory of decision making in novices, intermediates and experts

Expertise research shows quite ambiguous results on the abilities of experts in judgment and decision making (JDM) classic models cannot account for. This problem becomes even more accentuated if different levels of expertise are considered. We argue that parallel constraint satisfaction models (PCS) might be a useful base to understand the processes underlying expert JDM and the hitherto existing, differentiated results from expertise research. It is outlined how expertise might influence model parameters and mental representations according to PCS. It is discussed how this differential impact of expertise on model parameters relates to empirical results showing quite different courses in the development of expertise; allowing, for example, to predict under which conditions intermediates might outperform experts. Methodological requirements for testing the proposed unifying theory under complex real-world conditions are discussed.

Sprache
Englisch

Erschienen in
Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2009,2

Klassifikation
Wirtschaft
Thema
Judgment and Decision Making
Expertise
Intermediate Effects
Parallel Constraint Satisfaction
Mental Representation
Entscheidung
Sachverständige
Beschränkte Rationalität
Kognition
Theorie

Ereignis
Geistige Schöpfung
(wer)
Herbig, Britta
Glöckner, Andreas
Ereignis
Veröffentlichung
(wer)
Max Planck Institute for Research on Collective Goods
(wo)
Bonn
(wann)
2009

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Herbig, Britta
  • Glöckner, Andreas
  • Max Planck Institute for Research on Collective Goods

Entstanden

  • 2009

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