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Who gives a criterion shift? A uniquely individualistic cognitive trait
Evan Layher1, Anjali Dixit2, Michael B Miller1
1Department of Psychological and Brain Sciences.
Journal of Experimental Psychology. Learning, Memory, and Cognition
|October 26, 2020
Summary
Strategic decision-making involves adjusting criteria based on risks. This study reveals that the tendency to shift decision criteria is a stable, individual cognitive trait, not explained by other factors.
Area of Science:
- Cognitive Psychology
- Decision Science
Background:
- Individuals often fail to optimally adjust decision criteria, even when aware of the benefits.
- Existing research highlights individual differences in criterion shifting but lacks data on its temporal stability.
Purpose of the Study:
- To investigate the stability of strategic criterion shifting within individuals over time.
- To explore factors influencing individual differences in criterion shifting.
Main Methods:
- Administered test-retest recognition memory and visual detection tasks.
- Induced decision biases using instructions, payoff, and base rate manipulations.
- Assessed criterion shifting stability across different decision domains and under various inducements.
Main Results:
- Criterion shifting tendencies were found to be stable within and across decision domains.
- Individual differences in shifting were not explained by personality, metacognition, motivation, or other cognitive tasks.
- Confidence ratings showed no inherent relationship to shifting extent, suggesting a potential unwillingness to shift rather than inability.
Conclusions:
- Strategic criterion shifting is a stable and uniquely individual cognitive trait.
- This stability suggests a consistent underlying decision-making strategy.
- Findings challenge the notion of universal suboptimality in criterion placement, emphasizing individual differences.
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