Sequential betting behavior: a test of asymmetric inconsistencies in group decision making

dc.contributor.authorDANNY PIMENTEL CLARO
dc.contributor.authorIslam, Gazi
dc.contributor.authorAndrade, Eduardo B.
dc.coverage.paisNão Informadopt_BR
dc.creatorIslam, Gazi
dc.creatorAndrade, Eduardo B.
dc.date.accessioned2022-12-15T22:59:04Z
dc.date.available2022-12-15T22:59:04Z
dc.date.issued2014
dc.description.otherPrevious research has shown that individual decision makers tend to bet more than initially planned after experiencing a loss but not after a gain. This research tests whether groups in consensus decision-making contexts also demonstrate similar asymmetric inconsistencies. Two experiments, one at the individual level and one with three-person groups, were carried out based on a gambling-type betting task. Although individuals planned more conservatively than groups regarding their betting behavior after the first outcome, both individuals and groups misestimated their own betting behavior after losses but not after gains. Negative, but not positive, emotional reactions to previous decision outcomes were also misestimated, leading to incorrect predictions of future behavior. Implications for theory and future research are discussed.pt_BR
dc.format.extentp. 126–133pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.issnp. 1520-6793pt_BR
dc.identifier.issue2pt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/4994
dc.identifier.volume31pt_BR
dc.language.isoInglêspt_BR
dc.publisherWileypt_BR
dc.relation.ispartofPsychology and Marketingpt_BR
dc.rights.licenseO INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITORpt_BR
dc.titleSequential betting behavior: a test of asymmetric inconsistencies in group decision makingpt_BR
dc.typejournal article
dspace.entity.typePublication
local.subject.cnpqCiências Sociais Aplicadaspt_BR
local.typeArtigo Científicopt_BR
relation.isAuthorOfPublication4d0421e0-4cc8-4fb3-846a-581a48c752f5
relation.isAuthorOfPublication.latestForDiscovery4d0421e0-4cc8-4fb3-846a-581a48c752f5
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