2016
DOI: 10.1080/20445911.2016.1245660
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Short- and long-term consequences in decision-making under risk: immediate feedback about long-term prospects benefits people tending to impulsive processing

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Cited by 27 publications
(47 citation statements)
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“…As social media platforms are designed to fulfill personal needs and to support the experience of immediate gratification (Taddicken and Jers, 2011) while information about possible (negative) long-term consequences is lacking (Taddicken and Jers, 2011;Efroni et al, 2019), one may argue that the degree of uncertainty is increased and that the rewarding short-term consequences are more salient, resulting in decisions led more by impulsive rather than reflective processes. Furthermore, social media applications offer no immediate feedback about possible long-term consequences, which could moreover end up in an even greater disregard of long-term outcomes (Schiebener and Brand, 2015;Müller et al, 2017).…”
Section: A Dual-process Perspective For Privacy-related Decisions On mentioning
confidence: 99%
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“…As social media platforms are designed to fulfill personal needs and to support the experience of immediate gratification (Taddicken and Jers, 2011) while information about possible (negative) long-term consequences is lacking (Taddicken and Jers, 2011;Efroni et al, 2019), one may argue that the degree of uncertainty is increased and that the rewarding short-term consequences are more salient, resulting in decisions led more by impulsive rather than reflective processes. Furthermore, social media applications offer no immediate feedback about possible long-term consequences, which could moreover end up in an even greater disregard of long-term outcomes (Schiebener and Brand, 2015;Müller et al, 2017).…”
Section: A Dual-process Perspective For Privacy-related Decisions On mentioning
confidence: 99%
“…To assess the task performance, Müller et al (2017) propose different scores. Since the CLT net score best reflects the decision-making tendency we address in this study, we only use this score for testing the hypothesis.…”
Section: The Cards and Lottery Task (Clt)mentioning
confidence: 99%
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“…For example, Pertl et al (2017) showed that decision making was superior in individuals who reasoned about the given options before performing the decision task compared to those who did not. Also, the provided supportive information might have served as a kind of additional feedback, which can have positive effects on upcoming decisions (Brand, 2008;Lejarraga & Gonzalez, 2011;Mueller et al, 2017). We also acknowledge that practice effects in terms of a growing familiarity with the task and the presented options could be responsible for the persistence in mAD patients' task performance.…”
Section: Discussionmentioning
confidence: 97%
“…inhibition, set-shifting, cognitive flexibility) and working memory are assumed to be important for exercising cognitive control (including functions such as reflecting on options, feedback monitoring, planning, and strategy application) and for the evaluation of risks, which is why they are attributed to reflective information processing. Results of experimental studies indicate that executive functions are especially relevant in decision situations where no direct feedback about (long-term) consequences is available (Brand et al, 2009;Mueller, Schiebener, Stöckigt, & Brand, 2017), misleading biases are present (Schiebener, Wegmann, Pawlikowski, & Brand, 2012), or no support is offered (Schiebener et al, 2013). Accordingly, external influences of the decision situation, such as feedback or supportive information, can have positive effects on decision making under objective risk (see also Figner, Mackinlay, Wilkening, & Weber, 2009).…”
Section: Theoretical Classification Of Decision Supportmentioning
confidence: 99%