Our previous research suggests that people reporting a stronger desire to maximize obtain worse life outcomes (Bruine de Bruin et al., 2007). Here, we examine whether this finding may be explained by the decision-making styles of self-reported maximizers. Expanding on S... View more
Baron, J. (2000). Thinking and Deciding, 3rd Ed. New York, NY: Cambridge University Press.
Bernoulli, D. (1738/1954). Exposition of a new theory on the measurement of risk. Econometrica, 22, 23-36.
Bromiley, P., & Curley, S. P. (1992). Individual differences in risk taking. In J. F. Yates (Ed.), Risk-taking behavior (pp. 87-132). New York, NY: John Wiley & Sons.
Bruine de Bruin, W., Parker, A. M., & Fischhoff, B. (2007). Individual differences in Adult DecisionMaking Competence. Journal of Personality and Social Psychology, 92, 938-956.
Crossley, C. D., & Highhouse, S. (2005). Relation of job search and choice process with subsequent satisfaction. Journal of Economic Psychology, 26, 255-268.
Dhar, R. (1997). Consumer preference for a no choice option. Journal of Consumer Research, 24, 215-231.
Edwards, W. (1954). The theory of decision making. Psychological Bulletin, 51, 380-417.
Epstein, S., & Meier, P. (1989). Constructive thinking: a broad coping variable with specific components. Journal of Personality and Social Psychology, 57, 332-350.
Finucane, M. L., Mertz, C. K., Slovic, P., Schmidt, E. S. (2005). Task complexity and older adults' decisionmaking competence. Psychology and Aging, 20, 71- 84.
Finucane, M. L., Slovic, P., Hibbard, J. H., Peters, E., Mertz, C. K., & Macgregor, D. G. (2002). Aging and decision-making competence: An analysis of comprehension and consistency skills in older versus younger adults. Journal of Behavioral Decision Making, 15, 141-164.