Feedback negativity and decision-making behavior in the Balloon Analogue Risk Task (BART) in adolescents is modulated by peer presence

The bureaucratic politics model has achieved great popularity in the study of decision making. Yet too often the term “bureaucratic politics” is used by scholars and practitioners without clearly stating its policy application. The decision-making behavior that occurred during the Johnson and Nixon administrations for SALT I serves to illustrate many of the limits of the model. First, the decision-making structure posited by the bureaucratic politics model is not nearly as prevalent within the executive branch as is commonly assumed. Second, even where the bureaucratic politics structure is present, the decision-making process is not always one of bargaining, compromise, and consensus. Finally, the decision context and the decision participants are ignored in the model. To provide a clearer understanding of policy-making behavior, a more systematic decision-making framework is offered, which should contribute to the development of better model- and theory-building.

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Characterization of Kentucky dairy producer decision-making behavior

Journal of Dairy Science ◽

10.3168/jds.2012-6538 ◽

2013 ◽

Vol 96 (7) ◽

pp. 4751-4758 ◽

Cited By ~ 28

Author(s):

R.A. Russell ◽

J.M. Bewley

Keyword(s):

Decision Making ◽

Decision Making Behavior

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Cuing both positive and negative episodic foresight reduces delay discounting but does not affect risk-taking

Quarterly Journal of Experimental Psychology ◽

10.1177/1747021818819777 ◽

2019 ◽

Vol 72 (8) ◽

pp. 1998-2017 ◽

Cited By ~ 8

Author(s):

Adam Bulley ◽

Beyon Miloyan ◽

Gillian V Pepper ◽

Matthew J Gullo ◽

Julie D Henry ◽

...

Keyword(s):

Decision Making ◽

Delay Discounting ◽

Risk Taking ◽

Future Scenarios ◽

Balloon Analogue Risk Task ◽

Episodic Simulation ◽

The Future ◽

Future Events ◽

Monetary Choice Questionnaire

Humans frequently create mental models of the future, allowing outcomes to be inferred in advance of their occurrence. Recent evidence suggests that imagining positive future events reduces delay discounting (the devaluation of reward with time until its receipt), while imagining negative future events may increase it. Here, using a sample of 297 participants, we experimentally assess the effects of cued episodic simulation of positive and negative future scenarios on decision-making in the context of both delay discounting (monetary choice questionnaire) and risk-taking (balloon-analogue risk task). Participants discounted the future less when cued to imagine positive and negative future scenarios than they did when cued to engage in control neutral imagery. There were no effects of experimental condition on risk-taking. Thus, although these results replicate previous findings suggesting episodic future simulation can reduce delay discounting, they indicate that this effect is not dependent on the valence of the thoughts, and does not generalise to all other forms of “impulsive” decision-making. We discuss various interpretations of these results, and suggest avenues for further research on the role of prospection in decision-making.

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Effect of planned reinforcement counseling on client decision-making behavior.

Journal of Counseling Psychology ◽

10.1037/h0048584 ◽

1964 ◽

Vol 11 (4) ◽

pp. 315-323 ◽

Cited By ~ 18

Author(s):

T. Antoinette Ryan ◽

John D. Krumboltz

Keyword(s):

Decision Making ◽

Decision Making Behavior

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Coordinating a Supply Chain with a Loss-Averse Retailer and Effort Dependent Demand

The Scientific World JOURNAL ◽

10.1155/2014/231041 ◽

2014 ◽

Vol 2014 ◽

pp. 1-12 ◽

Cited By ~ 2

Author(s):

Liying Li ◽

Yong Wang

Keyword(s):

Decision Making ◽

Supply Chain ◽

Loss Aversion ◽

Special Class ◽

Numerical Study ◽

Supply Chain Performance ◽

Channel Coordination ◽

Gain Loss ◽

Decision Making Behavior ◽

Dependent Demand

This study investigates the channel coordination issue of a supply chain with a risk-neutral manufacturer and a loss-averse retailer facing stochastic demand that is sensitive to sales effort. Under the loss-averse newsvendor setting, a distribution-free gain/loss-sharing-and-buyback (GLB) contract has been shown to be able to coordinate the supply chain. However, we find that a GLB contract remains ineffective in managing the supply chain when retailer sales efforts influence the demand. To effectively coordinate the channel, we propose to combine a GLB contract with sales rebate and penalty (SRP) contract. In addition, we discover a special class of gain/loss contracts that can coordinate the supply chain and arbitrarily allocate the expected supply chain profit between the manufacturer and the retailer. We then analyze the effect of loss aversion on the retailer’s decision-making behavior and supply chain performance. Finally, we perform a numerical study to illustrate the findings and gain additional insights.

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