Work

Cognitive Reflection and Socially Biased Decisions

Year: 2013
Type: article
Abstract: In some circumstances, the social visibility of a person we interact with can distort our evaluations and predictions by inducing people to overestimate the value of choices that included renowned individuals.Individuals who show a propensity for cognitive reflection have been shown to be less susceptible to biases in reasoning and decision-making, and therefore they should be less influenced by overestimation of choices that include renowned individuals.To test such a hypothesis, the Cognitive Reflection Test and a decision task that included a choice to interact with a renowned individual were administered.Results demonstrated that participants who had a greater ability to implement cognitive reflection were less influenced by celebrity status.Findings support the idea that cognitive reflection is associated with a reduction of decision-making bias associated with social status.
Language: English
Open Access status: bronze
OpenAlex ID: W29966948
FWCI: 3.154
Cites: 20
Cited by: 29
Related to: 10