Consequences of Direct Experience for Judgment and Decision Making
Publication Type
Presentation
Publication Date
11-2012
Abstract
We use the term “direct experience” to describe any event in which a combination of the five senses is directly involved in the processing of the experience. In this review paper, we integrate various streams of previous research related to the effects of direct experience. We present a typology of direct experiences and formulate a theory linking experience to a variety of cognitive, affective and behavioral consequences, both short term and long term. We conclude with a discussion of the benefits and pitfalls of emphasizing direct experience in consumer and managerial decision making.
Keywords
Decision making, experience, review
Discipline
Organizational Behavior and Theory
Research Areas
Organisational Behaviour and Human Resources
Publication
Society for Judgment and Decision Making Annual Meeting, November 16 -19, 2012, Minneapolis, MI
City or Country
Minneapolis, MI, USA
Citation
RAMASWAMI, Seshan and LEE, Huey Woon.
Consequences of Direct Experience for Judgment and Decision Making. (2012). Society for Judgment and Decision Making Annual Meeting, November 16 -19, 2012, Minneapolis, MI.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/3193