Advice utilization and decision performance under random advice /

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2014

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Özarslan, Ali

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The importance of advice taking in decision making has been arising for two and a half decades. The existing research in advice taking has suggested numerous measurement techniques that are utilized under different types of advice such as random advice and perfect advice. In this thesis using the random advice framework, through an experimental design, I compare some of formula-based, regression-based and scale-based techniques of advice utilization that are widely used in judgment tasks and test the decision performance of decision makers based on advice utilization. Results and general findings derived from these experiments are summarized and suggestions for future research on advice taking are offered.

Subject Keywords

Business., Management., Decision making., Consultants.

URI

http://etd.lib.metu.edu.tr/upload/12617355/index.pdf
https://hdl.handle.net/11511/23615

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Graduate School of Social Sciences, Thesis

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Citation Formats

A. Özarslan, “Advice utilization and decision performance under random advice /,” M.S. - Master of Science, Middle East Technical University, 2014.