Decision inertia is the tendency to repeat previous choices independently of the outcome, which can give rise to perseveration in suboptimal choices. We investigate this tendency in probability-updating tasks. Study 1 shows that, whenever decision inertia conflicts with normatively optimal behavior (Bayesian updating), error rates are larger and decisions are slower. This is consistent with a dual-process view of decision inertia as an automatic process conflicting with a more rational, controlled one. We find evidence of decision inertia in both required and autonomous decisions, but the effect of inertia is more clear in the latter. Study 2 considers more complex decision situations where further conflict arises due to reinforcement proce...
Decision inertia is a serious problem in financial decision-making and thus a challenge for decision...
Based on the Dual-Process Diffusion Model, we tested three hypotheses about response times of errors...
At the core of the many debates throughout cognitive science concerning how decisions are made are t...
Decision inertia is the tendency to repeat previous choices independently of the outcome, which can ...
Under specific conditions humans tend to repeat previous choices regardless of the outcome. This phe...
Understanding the cognitive foundations of decision inertia plays a relevant role in modelling choic...
Previous research has shown that often there is clear inertia in individual decision making---that i...
We present a simple model for decision making under uncertainty building on dual-process theories fr...
Inaction inertia occurs when bypassing an initial action opportunity has the effect of decreasing th...
We study the impact of manipulating the attention of a decision-maker who learns sequentially about ...
We examine decision-making under risk and uncertainty in a laboratory experiment. The heart of our d...
<p>One form of inertia is the tendency to repeat the last decision irrespective of the obtained outc...
Simplicity and inertial (or status-quo) bias are common features of actual decision rules used by re...
We solve a general class of dynamic rational-inattention problems in which an agent repeatedly acqui...
Previous research has shown that individual decision making is often characterized by inertia—that i...
Decision inertia is a serious problem in financial decision-making and thus a challenge for decision...
Based on the Dual-Process Diffusion Model, we tested three hypotheses about response times of errors...
At the core of the many debates throughout cognitive science concerning how decisions are made are t...
Decision inertia is the tendency to repeat previous choices independently of the outcome, which can ...
Under specific conditions humans tend to repeat previous choices regardless of the outcome. This phe...
Understanding the cognitive foundations of decision inertia plays a relevant role in modelling choic...
Previous research has shown that often there is clear inertia in individual decision making---that i...
We present a simple model for decision making under uncertainty building on dual-process theories fr...
Inaction inertia occurs when bypassing an initial action opportunity has the effect of decreasing th...
We study the impact of manipulating the attention of a decision-maker who learns sequentially about ...
We examine decision-making under risk and uncertainty in a laboratory experiment. The heart of our d...
<p>One form of inertia is the tendency to repeat the last decision irrespective of the obtained outc...
Simplicity and inertial (or status-quo) bias are common features of actual decision rules used by re...
We solve a general class of dynamic rational-inattention problems in which an agent repeatedly acqui...
Previous research has shown that individual decision making is often characterized by inertia—that i...
Decision inertia is a serious problem in financial decision-making and thus a challenge for decision...
Based on the Dual-Process Diffusion Model, we tested three hypotheses about response times of errors...
At the core of the many debates throughout cognitive science concerning how decisions are made are t...