The impact of complexity on the effectiveness of intuition in decision

This research investigated the impact of complexity on the effectiveness of intuition in decision making. Empirical experimental research was conducted to examine the relationship between the use of intuition and decision accuracy, and how this relationship could be moderated by individual differenc...

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Main Author: Van Eck, Danéel
Other Authors: Luyt, Karen
Language:en
Published: University of Pretoria 2018
Subjects:
Online Access:http://hdl.handle.net/2263/67296
Van Eck, D 2018, The impact of complexity on the effectiveness of intuition in decision, PhD Thesis, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/67296>
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spelling ndltd-netd.ac.za-oai-union.ndltd.org-up-oai-repository.up.ac.za-2263-672962020-06-02T03:18:45Z The impact of complexity on the effectiveness of intuition in decision Van Eck, Danéel Luyt, Karen UCTD This research investigated the impact of complexity on the effectiveness of intuition in decision making. Empirical experimental research was conducted to examine the relationship between the use of intuition and decision accuracy, and how this relationship could be moderated by individual differences such as faith in intuition and cognitive reflection. Software purchase decisions were used as the context for the study because of the inherent complexity of the decision and anecdotal evidence that rational techniques are not always used. Dual-process theory was used as the theoretical lens for the research, which was conducted using an experimental manipulation of the use of intuition. The research made an original contribution by investigating complexity as a moderator, by examining the role of individual differences as other researchers have proposed, and by utilising bias measures as a proxy for decision accuracy in order to avoid the normatively correct choice measures that have been highlighted for their limitations. The results showed that intuitive decisions were less accurate in the software selection context, and that complexity does moderate this effect on decision accuracy, with intuition showing lower accuracy in simple decisions, but similar results in complex decisions. Faith in intuition and cognitive reflection did not show interaction effects, but there was a significant direct positive relationship between cognitive reflection and decision accuracy. The practical implications of this research include prescriptions for the conditions under which intuitive decisions can be appropriate. Thesis (PhD)--University of Pretoria, 2018. Gordon Institute of Business Science (GIBS) PhD Restricted 2018-11-23T07:08:52Z 2018-11-23T07:08:52Z 2018 2018 Thesis http://hdl.handle.net/2263/67296 Van Eck, D 2018, The impact of complexity on the effectiveness of intuition in decision, PhD Thesis, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/67296> en © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. University of Pretoria
collection NDLTD
language en
sources NDLTD
topic UCTD
spellingShingle UCTD
Van Eck, Danéel
The impact of complexity on the effectiveness of intuition in decision
description This research investigated the impact of complexity on the effectiveness of intuition in decision making. Empirical experimental research was conducted to examine the relationship between the use of intuition and decision accuracy, and how this relationship could be moderated by individual differences such as faith in intuition and cognitive reflection. Software purchase decisions were used as the context for the study because of the inherent complexity of the decision and anecdotal evidence that rational techniques are not always used. Dual-process theory was used as the theoretical lens for the research, which was conducted using an experimental manipulation of the use of intuition. The research made an original contribution by investigating complexity as a moderator, by examining the role of individual differences as other researchers have proposed, and by utilising bias measures as a proxy for decision accuracy in order to avoid the normatively correct choice measures that have been highlighted for their limitations. The results showed that intuitive decisions were less accurate in the software selection context, and that complexity does moderate this effect on decision accuracy, with intuition showing lower accuracy in simple decisions, but similar results in complex decisions. Faith in intuition and cognitive reflection did not show interaction effects, but there was a significant direct positive relationship between cognitive reflection and decision accuracy. The practical implications of this research include prescriptions for the conditions under which intuitive decisions can be appropriate. === Thesis (PhD)--University of Pretoria, 2018. === Gordon Institute of Business Science (GIBS) === PhD === Restricted
author2 Luyt, Karen
author_facet Luyt, Karen
Van Eck, Danéel
author Van Eck, Danéel
author_sort Van Eck, Danéel
title The impact of complexity on the effectiveness of intuition in decision
title_short The impact of complexity on the effectiveness of intuition in decision
title_full The impact of complexity on the effectiveness of intuition in decision
title_fullStr The impact of complexity on the effectiveness of intuition in decision
title_full_unstemmed The impact of complexity on the effectiveness of intuition in decision
title_sort impact of complexity on the effectiveness of intuition in decision
publisher University of Pretoria
publishDate 2018
url http://hdl.handle.net/2263/67296
Van Eck, D 2018, The impact of complexity on the effectiveness of intuition in decision, PhD Thesis, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/67296>
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