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- W3187029782 abstract "Drawing on dual process theory, we suggest that the benefits that arise from combining different individual judgments will be heightened when these judgments are based on different cognitive processes. We test this hypothesis in two experimental studies in which participants were prompted to make judgments relying on an analytical process, on their intuition, or in a control condition in which no particular instructions were given. Our results show that an aggregation of intuitive and analytical judgments provides more accurate estimates than any other aggregation procedure, and that this advantage increases with the number of judgments that are aggregated. Moreover, we find evidence that this result is driven by a lower correlation between errors of intuitive and analytical judgments compared to errors of judgments that are based on the same cognitive process or judgment errors in the control condition." @default.
- W3187029782 created "2021-08-02" @default.
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- W3187029782 date "2019-01-01" @default.
- W3187029782 modified "2023-09-23" @default.
- W3187029782 title "Enhancing the Wisdom of the Crowd With Cognitive Process Diversity: The Benefits of Aggregating Intuitive and Analytical Judgments" @default.
- W3187029782 doi "https://doi.org/10.2139/ssrn.3319676" @default.
- W3187029782 hasPublicationYear "2019" @default.
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