Decision Making and the Law

Koehler, Jonathan J.; Meixner, John B.

doi:10.1002/9781118468333.ch26

Cited by 10 publications

(11 citation statements)

References 106 publications

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“…Given these considerations, our research design is advantageous for three reasons. First, it models how people make judgments in the real world, which is to say for single events that are embedded within a broader social context (Koehler and Harvey, 2009). Second, it enables us to estimate how variation in strike attributes shape public support and perceived legitimacy, which we posit may be mediated through four mechanisms: merit, legality, morality, and burden-sharing.…”

Section: Methodsmentioning

confidence: 99%

Multilateralism and public support for drone strikes

Lushenko

Raman

Kreps

2022

Research & Politics

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The use of armed drones has emerged as a principal counterterrorism tool for western militaries, especially France and the United States. While France submits its strikes to the United Nations for approval, the United States typically does not. Does this difference matter for public support and perceptions of legitimacy? To better understand these dynamics, we fielded original survey experiments across nationally representative samples in France and the United States totaling in over 1800 respondents. Our results reflect that international approval is associated with both higher public support and greater perceived legitimacy for a strike. Further, we find that respondents emphasize international law as the basis for support and legitimacy, suggesting a cross-national belief in multilateralism for normative rather than strictly instrumental reasons. These relationships are moderated by the identity of the country conducting a hypothetical strike, implying both an “othering” effect and the emergence of distinct models of strikes across countries that deserve more study amid the ongoing proliferation of armed drones. Video Abstract: https://www.youtube.com/watch?v=YevyaKThae0

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Section: Methodsmentioning

confidence: 99%

Multilateralism and public support for drone strikes

Lushenko

Raman

Kreps

2022

Research & Politics

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“…Developing Effective Decision-Making Frameworks: Investors often grapple with developing robust decision-making frameworks that align with their risk tolerance, investment goals, and time horizons. The challenge lies in balancing intuition and analysis, adapting to changing market conditions, and incorporating feedback mechanisms to refine strategies over time (Koehler & Harvey, 2004;Galinsky et al, 2015).…”

Section: Challenges In Decision-making and Investment Strategiesmentioning

confidence: 99%

Impact of Decision-Making on Investment Performance: A Comprehensive Analysis

Naseer Haidari

2023

J. Asian Dev. Studies

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Investment decision-making is a complex and multifaceted process influenced by many factors, from individual cognitive biases to global economic conditions. This research explores the intricate interplay between decision-making and investment outcomes, delving into the key factors, styles, external influences, challenges, and best practices that shape the financial landscape. Utilizing a mixed-methods approach, combining quantitative analysis with qualitative insights from surveys, interviews, and case studies, the study aims to understand comprehensively how decisions impact investment performance. From the efficient market hypothesis to behavioural finance, the review synthesizes diverse perspectives, highlighting the psychological, behavioural, and cognitive dimensions of decision-making. Building on this foundation, the research identifies and analyzes the factors influencing investment decisions. From risk tolerance and behavioural biases to information asymmetry and decision-making styles, the study scrutinizes the intricacies that investors grapple with in their pursuit of sound financial choices. External factors, including economic conditions, regulatory changes, technological advancements, and geopolitical risks, are explored for their impact on decision-making processes. Challenges in decision-making, such as cognitive biases, adaptive strategy development, uncertainty management, and information overload, are identified and examined in depth. The research emphasizes the need for investors to navigate these challenges effectively to achieve long-term success.

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“…It is well documented that individuals want to appear consistent both to themselves and to observers (the experimenters). Having made a first choice, the likelihood and the extent with which they are likely to update it following the advice they received is reduced by the anchor represented by their initial decision (for instance, Tversky and Kahneman, 1974;Epley and Gilovich, 2006;Koehler and Harvey, 2008;Mochon and Frederick, 2013), a phenomenon discussed in the Judge-Advisor literature as well (Harvey and Fischer, 1997;Lim and O'Connor, 1995). Not knowing the strength of our effect of interest a priori, we hence opted for maximising the power of our investigation by adopting a one-stage design leaving the respondents' investment choice unhinged by a first choice anchor, and hence allowing the advice to exert its full sway.…”

Section: E Alternative Design: Two Choicesmentioning

confidence: 99%