Mindful Decision Makers: The Influence of Mindfulness on Decision Making Style, Competence, and Outcomes
Publication Type
Conference Paper
Publication Date
2011
Abstract
In the present research, we examine the influence of mindfulness on decision making style, competence, and outcomes. Mindfulness can be defined as open, non-judgmental present-moment oriented awareness (Brown & Ryan, 2003; Kabat-Zinn, 1992). Mindfulness has been shown to be positively related to a variety of psychological wellbeing related variables, including lower depression and higher emotion regulation (Brown & Ryan, 2003). We predict that mindfulness will be positively associated with desirable aspects of decision making style, with decision making competence, and will be negatively associated with detrimental decision outcomes. In Study 1, we found that mindfulness was positively related to two aspects of decision making style: decision making self-esteem (r = .27, p < .05) and vigilance (r = .34, p < .01). Mindfulness was negatively related to hyper-vigilance, an undesirable decision making approach (r = -.29, p < .05). Mindfulness was unrelated to buckpassing and procrastination. Further, mindfulness was positively related to self-control (r = .39, p < .01). In Study 2, mindfulness predicted the Consistency in Risk Perception component of the Adult Decision-Making Competence test (r = .19, p < .05). Further, mindfulness was negatively related to a summary index of detrimental decision outcomes (r = -.33, p < .01) as well as specific outcomes such as buying new apparel but not wearing them, having a check bounce, and forgetting a birthday.
Keywords
decision making, mindfulness
Discipline
Organizational Behavior and Theory
Research Areas
Organisational Behaviour and Human Resources
Publication
SPUDM23rd Subjective Probability, Utility and Decision Making Conference, 22-25 August 2011
City or Country
Kingston-Upon-Thames, UK
Citation
Reb, Jochen and Ho Zhi Wei. 2011. "Mindful Decision Makers: The Influence of Mindfulness on Decision Making Style, Competence, and Outcomes." Poster presented at 23rd Conference on Subjective Probability, Utility and Decision Making (SPUDM), 21-25 August, Kingston-Upon-Thames, UK.