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Relating Decision-Making Styles to Social Orientation and Time Approach
Martin Geisler1, Carl Martin Allwood1
1Department of Psychology University of Gothenburg Gothenburg Sweden.
Journal of Behavioral Decision Making
|July 17, 2018
Summary
Decision-making styles are linked to how individuals approach social interactions and time. Understanding these connections offers insights into personal differences and decision-making processes.
Area of Science:
- Psychology
- Social Psychology
- Decision Science
Background:
- Individual differences in decision-making styles impact real-world outcomes.
- Limited research exists on the relationship between decision-making styles and other individual differences.
- A systematic understanding of decision-making styles requires exploring their links to social orientation and time approach.
Purpose of the Study:
- To investigate the relationship between decision-making styles and social orientation.
- To examine the connection between decision-making styles and an individual's approach to time.
- To refine the theoretical model of decision-making styles.
Main Methods:
- Regression analyses were employed to identify relationships between variables.
- Structural equation modeling was used to test and adjust theoretical models.
- Data were collected from two distinct samples: university students and police investigators.
Main Results:
- Decision-making styles were found to be significantly related to specific aspects of social orientation.
- A clear association was observed between decision-making styles and individuals' approach to time.
- The findings supported potential modifications to the existing two-factor model of decision-making styles.
Conclusions:
- Decision-making styles are demonstrably linked to social orientation and time perception.
- The study contributes to a more nuanced understanding of decision-making styles.
- Results suggest avenues for refining theoretical frameworks of decision-making.
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