Year: 2024
Type: article
Abstract: This article examines how three types of experience-personal, related others, and unrelated others-influence decision-making. We present the complexities and nuances in using these experiential sources to suggest that personal experience is preferred to the other two sources. We discuss the implications of this preference for decision-making processes, especially in contexts involving transformative outcomes. To conclude, we discuss how people rely on other experiential sources when their preferred source is limited.
Source: Frontiers in Psychology
Author: Venkat Ram Reddy Ganuthula
Institution: Indian Institute of Technology Jodhpur
Language: English
Subfield: General Decision Sciences
Field: Decision Sciences
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $3,295
OpenAlex ID: W4403617170