Decisions, Decisions: Feedback Influences Decision Making
Thursday, November 13, 2008 - 10:28
in Psychology & Sociology
Numerous studies have shown that people will choose differently, depending on whether they are choosing based on experience or description. But, what is it that causes people to choose differently in the two situations? The results of a new study suggest that feedback plays a key role in decision making. The findings indicate that feedback after repeated choice may drive people towards rational decision making.