The ecological rationality of simple group heuristics: Effects of group member strategies on decision accuracy

Theory and Decision

Volumn 60, Issue 4, 2006, Pages 403-438

  Reimer, Torsten ^a,b   Hoffrage, Ulrich ^a,c  

^a MAX PLANCK INSTITUTE FOR HUMAN DEVELOPMENT   (Germany)

^b NORTH DAKOTA STATE UNIVERSITY   (United States)

^c UNIVERSITY OF LAUSANNE   (Switzerland)

Author keywords

Compensatory and noncompensatory decision strategies; Group decision making; Group performance; Simple heuristics

Indexed keywords

DECISION MAKING; ECOLOGY; HEURISTIC METHODS; INFORMATION ANALYSIS;

COMPENSATORY AND NONCOMPENSATORY DECISION STRATEGIES; GROUP DECISION MAKING; GROUP PERFORMANCE; SIMPLE HEURISTICS;

DECISION THEORY;

EID: 33646410958     PISSN: 00405833     EISSN: 15737187     Source Type: Journal    
DOI: 10.1007/s11238-005-4750-2     Document Type: Article

References (45)

1. Adamowicz W. A., Hanemann M., Swait, I. Johnson, R., Layton, D., Regenwetter, M., Reimer, T. and Sorkin, R. (in press), Group decisions: Analyzing decision strategy and structure in households, Marketing Letters.
2. Baron, R. S., Kerr, N. L. and Miller, N. (1992), Group Process, Group Decision, Group Action, Open University Press, Buckingham.
3. Bröder, A. (2000), Assessing the empirical validity of the 'Take The Best' heuristic as a model of human probabilistic inference, Journal of Experimental Psychology: Learning, Memory, and Cognition 26, 1332-1346.
4. Czerlinki, J., Gigerenzer, G. and Goldstein, D. G. (1999), How good are simple heuristics? in G. Gigerenzer, P. M. Todd and the ABC Research Group, Simple Heuristics that Make us Smart, Oxford University Press, New York, (pp. 97-118).
5. Davis, J. H. (1973), Group decision and social interaction: A theory of social decision schemes, Psychological Review 80, 97-125.
6. Davis, J. H. (1992), Some compelling intuitions about group consensus decisions, theoretical and empirical research, and interpersonal aggregation phenomena: selected examples, 1950-1990, Organizational Behavior and Human Decision Processes 52, 3-38.
7. Dawes, R. M. (1979), The robust beauty of improper linear models in decision making, American Psychologist 34, 571-582.
8. Dawes, R. M. and Corrigan, B. (1974). Linear models in decision making, American Psychologist 34, 571-582.
9. Einhorn, H. J., Hogarth, R. M. and Klempner, E. (1977), Quality of group judgment, Psychological Bulletin 84, 158-172.
10. Gigerenzer, G. (2005), Fast and frugal heuristics: The tools of bounded rationality, in D. Koehler and N. Harvey (eds), Handbook of Judgment and Decision Making, Blackwell, Oxford, UK, (pp. 62-88).
11. Gigerenzer, G., Hoffrage, U. and Kleinbiölting, H. (1991), Probabilistic mental models; A Brunswikian theory of confidence, Psychological Review 98, 506-528.
12. Gigerenzer, G. and Selten, R. (2001), Bounded Rationality: The Adaptive Toolbox, MIT Press, Cambridge, MA.
13. Gigerenzer, G., Todd, P. M. and The ABC Research Group (1999), Simple Heuristics that Make us Smart, Oxford University Press, New York.
14. Gigone, D. and Hastie, R. (1996). The impact of information on group judgment: A model and computer simulation, in E. H. Witte and J. H. Davis (eds), Understanding Group Behavior: Consensual Action by Small Group, Vol. 1. Erlbaum Associates, Mahwah, NJ, (pp. 221-251)
15. Gigone, D. and Hastie R. (1997). The impact of information on small group choice, Journal of Personality and Social Phychology 72, 132-140.
16. Hastie, R. and Kameda, T. (2005), The robust beauty of majority rules in group decisions, Psychological Review 112, 494-508.
17. Hertwig, R. Hoffrage, U. and Martignon, E. (1999), Quick estimation: Eetting the environment do the work, in G. Gigerenzer, P. M. Todd and The ABC Research Group, Simple Heuristics that Make us Smart, Oxford University Press, New York. (pp. 209-234).
18. Hinsz, V. B., Tindale, R. S. and Vollrath, D. A. (1997), The emerging conceptualization of groups as information processors. Psychological Bulletin 121, 43-64.
19. Hoffrage, U. and Reimer, T. (2004), Models of bounded rationality: The approach of fast and frugal heuristics, Management Revue 15(4), 437-459.
20. Hogarth, R. M. and Karelaia, N. (2003), "Take-the-Best" and Other Simple Strategies: Why and When They Work "Well" in Binary Choice, Universitat Pompeu Fabra working paper, Barcelona, Spain.
21. Hogarth, R. M. and Karelaia, N. (in press), Simple models for multi-attribute choice with many alternatives: When it does and does not pay to face tradeoffs with binary attributes, Management Science.
22. Hollingshead, A. B. (1996), The rank-order effect in group decision making, Organizational Behavior and Human Decision Processes 68, 181-193.
23. Karelaia, N. (2004). The Role of Redundant Information in Choice: The Lure of Consistency, University Pompeu Fabra working paper, Barcelona, Spain.
24. Larson, J. R., Foster-Fishman, P. G. and Keys, C. B. (1994), Discussion of shared and unshared information in decision-making groups, Journal of Personality and Social Psychology 67, 446-461.
25. Laughlin, R. P. and Ellis, A. L. (1986). Demonstrability and social combination processes on mathematical intellective tasks, Journal of Experimental Social Psychology 22, 177-189.
26. Martignon, L. and Hoffrage, U. (2002), Fast, Frugal, and fit: Simple heuristics for paired comparison, Theory and Decision 52, 29-71.
27. Mennecke, B. E. (1997), Using group support systems to discover hidden profiles: An examination of the influence of group size and meeting structures on information sharing and decision quality, International Jouranal of Human Computer Studies 47, 387-405.
28. Payne. J. W., Bettman, J. R. and Johnson, E. J. (1993), The Adaptive Decision Maker, Cambridge University Press, New York.
29. Remier, T. Bornstein, A. -E. and Opwis, K. (2005), Positive and nagative transfer effects in groups, in T. Betsch and Haberstroh (eds.), Routine decision making, Lawrence Erlbaum Associates. Mahwah, NJ, (pp. 175 192).
30. Reimer, T. and Hoffrage, U. (2003), Information aggregation in groups: the approach of Simple Group Heuristics (SIGH), in R. Alterman and D. Kirsch (eds), Proceedings of the Twenty Fifth Annual Conference of the Cognitive Science Society, Cognitive Science Society, Boston, (pp. 982-987).
31. Reimer, T. and Hoffrage, U. (2005), Can simple group heuristics detect hidden profiles in rendomly generated environments? Swiss Journal of Psychology 64(1). 21-37
32. Reimer, T. and Katsikopoulos, K. (2004), The use of recognition in group decision-making, Cognitive Science 28(6), 1009-1029.
33. Rieskamp, J., and Hoffrage, U. (1999), When do people use simple heuristics, and how can we tell? in G. Gigerenzer, P. M. Todd and The ABC Research Group, Simple Heuristics that Make us Smart, Oxford University Press, New York, (pp. 141-167).
34. Schittekatte, M. and Hiel, A. Van. (1996). Effects of partially shared information and awareness of unshared information on infromation sampling. Small Group Reserach 27, 431-449.
35. Simon, H. A. (1982), Models of Bounded Rationality. MIT Press, Cambridge, MA.
36. Stasser, G. (1988), Computer simulation as a research tool: the DISCUSS model of group decision making, Journal of Experimental Social Psychology 24, 393-422.
37. Stasser, G. (1992), Information salience and the discovery of hidden profiles by decision-making groups: a "thought experiment", Organizational Behavior and Human Decision Making 52, 156-181.
38. Stasser, G., Stewart, D. D. and Wittenbaum, G. M. (1995), Expert roles and infromation exchange during discussion: he importance of knowing who knows what, Journal of Experimental Social Psychology 31, 244-265.
39. Stasser, G., Taylor, L. A. and Hanna, C. (1989). Information sampling in structured and unstructured discussions of three- and six-person groups, Journal of Personality and Social Psychology 57, 67-78.
40. Stasser, G. and Titus, W. (1985). Pooling of unshared infromation in group decision making: iased infromation sampling during discussion, Journal of Personality and Social Psychology 48, 1467-1478.
41. Stewart, D. D., Billings, R. S. and Stasser, G. (1998), Accountability and the discussion of unshared, Critical infromation in decision-making groups, Group Dynamics: Theory, Research, and Practice 2, 18-23.
42. Todd, P. M. and Gigerenzer, G. (1999), What we have learned (so far), in G. Gigerenzer, P. M. Todd and The ABC Reserach Group, Simple Heuristics that Make us Smart, Oxford University Press, New York, (pp. 357-365).
43. Tversky, A. (1972), Elimination by Aspects: a theory of choice, Psychological Review 79, 281-299.
44. Vroom, V. H. (1969), Industrial social psychology, in G. Lindzey and E. Aronson (eds) Handbook of Social Psychology, Vol. 5, Addison-Wesley, Reading, MA, (pp. 196-268).
45. Wittenbaum, G. M. and Stasser, G. (1996), Management of information in small groups, in J. L. Nye and Brower (eds), What's Social About Social Cognition? Sage, London, (pp. 3-28)