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Risky Decisions And Decision Support - Does Stress Make A Difference?, Gloria Phillips-Wren, Monica Adya
Risky Decisions And Decision Support - Does Stress Make A Difference?, Gloria Phillips-Wren, Monica Adya
Monica Adya
Studies of human decision making have demonstrated that stress exacerbates risk taking. Since all decisions involve some element of risk, stress has critical impact on decision quality. Decisions are found to improve with stress up to an optimal threshold beyond which deterioration is observed. However, few studies have examined the psychological experiences underlying risk-taking behavior in conjunction with stress creators. In this paper we propose a research framework that integrates pre-conditions of stress (perceptions of high gain/loss, risk, complexity, and organizational pressure) with observed psychological experiences (time pressure, uncertainty, information overload, and dynamism) that potentially result in risky decision making. …
Risky Decisions And Decision Support: Does Stress Make A Difference?, Gloria Phillips-Wren, Monica Adya
Risky Decisions And Decision Support: Does Stress Make A Difference?, Gloria Phillips-Wren, Monica Adya
Monica Adya
Studies of human decision making have demonstrated that stress exacerbates risk taking. Since all decisions involve some element of risk, stress has critical impact on decision quality. Decisions are found to improve with stress up to an optimal threshold beyond which deterioration is observed. However, few studies have examined the psychological experiences underlying risk-taking behavior in conjunction with stress creators. In this paper we propose a research framework that integrates pre-conditions of stress (perceptions of high gain/loss, risk, complexity, and organizational pressure) with observed psychological experiences (time pressure, uncertainty, information overload, and dynamism) that potentially result in risky decision making. …