Construct · 1 fields · 1 citations

advice cost effect: a standalone construct

One name. One construct. A landmark on the map.

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advicecost effect1 CONSTRUCTAdvice cost effectGINO · JUDGMENT AND DECISION

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Judgment and decision making

the greater use of advice that was paid for than of identical free advice.

In judgment and decision making, advice cost effect refers to the greater use of advice that was paid for than of identical free advice. This meaning comes from Gino (2008) in Organizational Behavior and Human Decision Processes.[1]

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructsjudgment2 fields · 4 citationsjingle · one word, two constructs

References

  1. Gino, F. (2008). Do we listen to advice just because we paid for it? The impact of advice cost on its use. Organizational Behavior and Human Decision Processes, 107(2), 234-245. https://doi.org/10.1016/j.obhdp.2008.03.001

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