Editorial: Methodology in judgment and decision making research
Journal Title: Judgment and Decision Making - Year 2011, Vol 6, Issue 8
Abstract
In this introduction to the special issue on methodology, we provide background on its original motivation and a systematic overview of the contributions. The latter are discussed with correspondence to the phase of the scientific process they (most strongly) refer to: Theory construction, design, data analysis, and cumulative development of scientific knowledge. Several contributions propose novel measurement techniques and paradigms that will allow for new insights and can thus avail researchers in JDM and beyond. Another set of contributions centers around how models can best be tested and/or compared. Especially when viewed in combination, the papers on this topic spell out vital necessities for model comparisons and provide approaches that solve noteworthy problems prior work has been faced with.
Authors and Affiliations
Andreas Glöckner and Benjamin E. Hilbig
The value of vulnerability: The transformative capacity of risky trust
In an experimental gift-exchange game, we explore the transformative capacity of vulnerable trust, which we define as trusting untrustworthy players when their untrustworthiness is common knowledge between co-players. In...
Testing transitivity of preferences using linked designs
Three experiments tested if individuals show violations of transitivity in choices between risky gambles in linked designs. The binary gambles varied in the probability to win the higher (better) prize, the value of the...
To trade or not to trade: The moderating role of vividness when exchanging gambles
Individuals are generally reluctant to trade goods—a phenomenon identified as the endowment effect. This paper focuses on consumers’ puzzling reluctance to exchange gambles, and in particular lottery tickets with identic...
Psychophysics and the judgment of price: Judging complex objects on a non-physical dimension elicits sequential effects like those in perceptual tasks
When participants in psychophysical experiments are asked to estimate or identify stimuli which differ on a single physical dimension, their judgments are influenced by the local experimental context — the item presented...
Recognition-based judgments and decisions: Introduction to the special issue (Vol. 1)
Does a sense of recognition play a pre-eminent role when it comes to people’s inferences and choices? Many studies have investigated how people make decisions based on their previous encounters with an object or situatio...