Search results for " Satisficing"

showing 3 items of 3 documents

Time flies when you maximize - Maximizers and satisficers perceive time differently when making decisions

2013

Three experiments assessed whether maximizing and satisficing decision-making types were associated with differences in perception of time, as a consequence of their different cognitive workloads. Findings showed that maximizers and satisficers perceived time differently during decision-making, but not during other tasks. In particular, compared to satisficers, maximizers tended to underestimate time while choosing, independently of the number of options and the specific task requirements. Satisficers instead tended to underestimate time only when the number of options or the task requirements were more challenging. Our findings suggest that the perception of time may serve as a measure of …

MaleChoice overloadProcess (engineering)Decision MakingTime perceptionExperimental and Cognitive PsychologyCognitionGeneral MedicineTime perceptionMaximizingTask (project management)Young AdultCognitionArts and Humanities (miscellaneous)Developmental and Educational PsychologySatisficingHumansSatisficingFemaleCognitive workloadPsychologyMaximizing Satisficing Time perception Choice overloadSocial psychologyCognitive psychology
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Maximizing versus satisficing in the digital age: Disjoint scales and the case for “construct consensus”

2018

Abstract A question facing us today, in the new and rapidly evolving digital age, is whether searching for the best option – being a maximizer – leads to greater happiness and better outcomes than settling on the first good enough option found – or “satisficing.” Answers to this question inform behavioural insights to improve well-being and decision-making in policy and organizational settings. Yet, the answers to this fundamental question of measurement of the happiness of a maximizer versus a satisficer in the current psychological literature are: 1) conflicting; 2) anchored on the use of the first scale published to measure maximization as an individual-difference, and 3) unable to descr…

Settore M-PSI/01 - Psicologia GeneraleBF PsychologySettore M-PSI/02 - Psicobiologia E Psicologia FisiologicaHD28 Management. Industrial Managementmedia_common.quotation_subject05 social sciences050109 social psychologyMaximizationData science050105 experimental psychologymaximizing satisficing individual differences decision making scale anchoring bias digital search toolsArgumentScale (social sciences)HappinessSatisficing0501 psychology and cognitive sciencesRelevance (information retrieval)PsychologyConstruct (philosophy)Social psychologyGeneral Psychologymedia_commonFace validityPersonality and Individual Differences
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The Decision Making Tendency Inventory: A new measure to assess maximizing, satisficing, and minimizing

2015

Abstract We introduce the Decision Making Tendency Inventory (DMTI), a new scale for measuring the decision-making tendencies to maximize, to satisfice, and to minimize. The scale has promising psychometric properties. Our findings show that the revealed tendencies are independent from each other and from the specific decision-making domain. Each factor is differently related to a set of indices of well-being and functioning, suggesting intriguing considerations regarding the distinctive characteristics of maximizing, satisficing, and minimizing. The DMTI extends previous research on maximizing and might contribute to explain the inconsistent results in the literature. Directions for future…

Settore M-PSI/01 - Psicologia Generalemaximizing satisficing individual differences decision makingOperations researchScale (chemistry)SatisficingSet (psychology)PsychologyDecision-making Individual differences Maximizing SatisficingMeasure (mathematics)Social psychologyGeneral PsychologyPersonality and Individual Differences
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