SLIDE 8 Introduction: Decision Making (cont’d)
Table: Attributes of Intuition and Analysis Cognition (adapted from Evans & Stanovich, 2013)
Intuition Analysis Does not require working memory Requires working memory Fast Slow High capacity Capacity limited Parallel Serial Nonconscious Conscious Automatic Controlled Holistic Analytic Relatively undemanding of cognitive capacity Demanding of cognitive capacity Experience-based decision making Consequential decision making
Table: Inducement of Intuition and Analysis by Task Conditions (adapted from Hammond et al., 1987)
Task Characteristic Intuition-Inducing State of Task Characteristic Analysis-Inducing State of Task Characteristic Number of cues Large (>5) Small Measurement of cues Perceptual measurement Objective, reliable measurement Distribution of cue values Continuous highly variable distribution Unknown distribution; cues are dichotomous; values are discrete Redundancy among cues High redundancy Low redundancy Decomposition of task Low High Availability of organizing principle Unavailable Available Degree of certainty in task Low certainty High certainty Time period Brief Long
Presenter: Joseph Nuamah March 3, 2017 8 / 34