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July 8, 2008

Information search costs just went down

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FIND THINGS FAST ON WINDOWS

A good theory of decision making needs to account for the fact that searching for information has real costs. For this reason, decision makers use different strategies when the information is conveniently laid out before them (as in the information-matrix paradigm) and when information is tucked away in memory or worse, the far-flung corners of the external world.

A surprisingly difficult place to find information is one’s own computer. While it takes only .07 seconds to search the entire internet for matters multinomial probit it takes Windows 5 minutes to do the same.

But not anymore. Cut to an email from the DSN editor to his co-workers:

Dear Colleagues,

I’m rarely one to recommend Microsoft software, but they’ve come out with an very good, free search tool that can find any file, email, contact, etc. on your computer in about 4 seconds. It’s about as easy as using Google and doesn’t bog down your computer.

Given that the old Windows search takes about 5 minutes and never finds what you want, this is wonderful. I’ve put it on 3 machines with no problems.

http://www.microsoft.com/windows/products/winfamily/desktopsearch/choose/windowssearch4.mspx?tab=Install%20It

Most of you are running XP and would thus want to click the link that says “For Windows XP (32-bit)”. The first time you run it, it takes a couple minutes to index your files. It helps to close Outlook so it can work on that info as well.

(Decision Science News does not wish to alienate Linux or MacOS users and hopes they already know about their options. Both can use the command-line “updatedb” (on Mac /usr/libexec/locate.updatedb) followed by “locate”. MacOSX users can benefit from Spotlight. Linux users on the Gnome desktop can put Beagle to work for them.)

Hat tip to Eric Johnson for spotlighting Spotlight.

Photo Credit: http://flickr.com/photos/marcus_hansson/87885327/

July 1, 2008

Using human nature to improve human life

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CALL FOR PAPERS: SJDM 2008 PRE-CONFERENCE. DEADLINE SEPT 1, 2008

Society for Judgment and Decision Making Preconference 2008: Using Human Nature to Improve Human Life. November 14, 2008. Gleacher Center, Chicago, IL.

The University of Chicago’s Center for Decision Research announces that it will host a preconference to this year’s SJDM Annual Meeting, featuring research on how basic knowledge about human nature (fundamental motives, habits, biases, limitations, etc.) can be used to improve individual and social welfare. The preconference will be held on November 14, 2008, and will take place at the Gleacher Center in downtown Chicago.

PRECONFERENCE THEME:

Research on human judgment and decision making has enriched our understanding of some of the basic features and limitations of human nature. People do not operate with perfect knowledge, unlimited mental capacity, complete self-control, or a perfect ability to appreciate the future as much as the present. These basic features of human nature do not make people inherently flawed, just inherently human. Attempts to improve human life require an understanding of these basic features of human nature in order to design policies and interventions that work within the people’s inherent constraints. Public policy has long been guided by a view of human nature provided by homo economicus, but public policy should also be informed by the psychological understanding of homo sapiens. Those designing organ donation policies, for instance, would do well to note that people are heavily influenced by the default option. Those designing savings programs would do well to note that people value future dollars much less than current dollars. And those designing weight loss programs would do well to note that people will eat whatever portion size is placed in front of them. Psychological research has a role to play in public policy debates and in designing social welfare interventions. This conference will provide a forum in which to present that research.

CALL FOR PAPERS:

The Center for Decision Research invites 1-page abstracts for oral presentations of research, which address any systematic human tendency, bias, limitation, or cognitive capacity that can be used to inform interventions or policy to improve human life. Discussion of specific intervention or policy implications is not required, but is encouraged. Faculty members, postdocs and graduate students, and anyone with interesting research to present are all eligible to submit. Submissions must be received by September 1, 2008, and should submitted with your registration for the conference through our website: http://www.chicagocdr.org/sjdm_precon.html

REGISTRATION:

Attendance for the preconference is limited. To reserve a space for yourself, please visit our conference website: http://www.chicagocdr.org/sjdm_precon.html

PROGRAM:

The preconference will last a full business day, organized in two sessions which will feature Cornell University’s Brian Wansink (discussing his work related to obesity and health) and Princeton’s Eldar Shafir (discussing his work on poverty) alongside the other presenters.

Photo Credit http://www.flickr.com/photos/esspea/288035510/

June 24, 2008

Software vs. procrastination

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SOFTWARE TO DEAL WITH ULTIMATELY UNDESRIABLE INTERTEMPORAL PREFERENCE SHIFTS

Ever find yourself frittering away the day responding to email after email? Ever think that if you’d just spent 8 hours working on that project, you’d be done and still have time to answer those emails in front of the TV later that night? Sure, we all have.

Why we simply don’t do the hard stuff first is a fascinating question in its own right. I mean, if we’re going to be happier at the end of the day having ignored the emails, why don’t we learn to ignore them? It’s too much to get into here, but see the psychological literature on intertemporal choice and the Don’t Delay blog if this interests you.

The good news is that the always-innovating Google is here to help with their experimental “Take a Break” feature in Gmail. When clicked, it prevents you from checking your email for 15 minutes, telling you do something more productive instead.

To use it, you’ll need to manually activate “Gmail Labs” inside Gmail. See the Gmail blog or if you’re impatient, try Settings -> Labs from Gmail. Right now, it’s only enabled in the US and UK.

Other tools to try if you can’t get down to work at work:

* Temptation Blocker: a Windows program to prevent you from using any other program (especially good to prevent you from opening your Email client or Web browser).
http://sourceforge.net/projects/temptblocker/

* Time Tracker: An extension to the FireFox browser that tracks how much time you waste on various sites.
https://addons.mozilla.org/en-US/firefox/addon/1887

June 17, 2008

Today, June 17th 2008, is Firefox Download Day

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FIREFOX USERS CAN HELP SET A WORLD RECORD

** NOTE: Please wait until the release time to download: 10 AM LA, 1PM New York, 6PM London, 7PM Paris **

Download Day - English

What do browsers have to do with decision making? They are an excellent illustration of the power of defaults. The default home page within a browser is kept by vast numbers of users. The operating system’s default browser has, historically, has been adopted by most people. For this reason, the default browser and its settings exert an enormous influence over Web traffic, which translates rather directly into advertising revenue. And we’re not talking peanuts: Google earned $20 billion last year.

However, when a browser gets really good, it can overcome the odds and achieve widespread usage despite not being the default. FireFox is such a browser and for this reason is the official browser of Decision Science News.

Today, June 17th, 2008, marks the historic release of FireFox version 3. It can be downloaded for from the link at the bottom of this post. The source code is also free, if you’re a nerd and would like to modify it to suit your needs.

The good people at Mozilla are trying to set the world record for the most software downloads in a 24 hour period. If you like FireFox, today is your chance to help set that record, and download the new FireFox 3 today.

http://www.spreadfirefox.com/en-US/worldrecord/

June 9, 2008

There is no c in Brunswik, but both are in Chicago (one twice)

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24th ANNUAL INTERNATIONAL MEETING OF THE BRUNSWIK SOCIETY, NOV 13-14, 2008

Call for Papers and Participation

Dear friends and colleagues,

The 24th Annual International Meeting of the Brunswik Society will be held on Thursday and Friday, November 13-14, 2008 in Chicago, Illinois, at the Hilton Chicago. The program begins at 12:00 noon on Thursday afternoon, and ends at 6:00 Friday afternoon. We invite papers and/or panel discussion proposals on any theoretical or empirical/applied topic directly related to Egon Brunswik’s philosophy and paradigm. Please send a brief abstract (100 words), and indicate whether the paper/discussion is theoretical or empirical, to Jim Holzworth by Friday, July 18th. Kindly respect this submission due date. The organizing committee is: Jim Holzworth Jim.Holzworth@uconn.edu, Mandeep Dhami mkd25@cam.ac.uk, and Elise Weaver elise_weaver@yahoo.com. The meeting is held concurrently with the Psychonomic Society Annual Meeting and just before the Judgment and Decision Society meeting. More details about the 2008 meeting, including registration instructions, will be posted on the Brunswik Society website, at http://brunswik.org.

June 4, 2008

Who will be the European champion in 2008?

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TEST YOUR SOCCER PREDICTION SKILLS

Stefan Herzog over in Basel lets us know about a short online study (15 – 20 minutes) on how people predict outcomes in the context of football (soccer). Anybody can participate; this study is explicitly not just for people who are interested or an expert in football.

You can optionally request (a) feedback on your prediction strategy and (b) additional information about this study (once it is completed).

This study is non-commercially oriented, that is, its data is solely used for scientific purposes and is treated confidentially.

Please visit: http://phpserver.psycho.unibas.ch/em2008/

Thank you very much for participating!

Photo credit: http://www.flickr.com/photos/76579169@N00/178821720/

UPDATE
In a bold move, the authors have decided to publish their predictions here on Decision Science News so that nobody can accuse them of changing their model after the matches begin. For further evidence, the results have been archived at The Internet Archive. Here they are:

game group team1 team2 rec1 rec2 recrank1 recrank2 rec_prediction
1 A SUI CZE 0.25 0.26 9 8 CZE
2 A POR TUR 0.41 0.15 3 13 POR
3 B AUT CRO 0.15 0.24 12 10 CRO
4 B GER POL 0.49 0.14 1 14 GER
5 C ROU FRA 0.12 0.4 15 4 FRA
6 C NED ITA 0.35 0.43 5 2 ITA
7 D ESP RUS 0.35 0.12 6 16 ESP
8 D GRE SWE 0.17 0.31 11 7 SWE
9 A CZE POR 0.26 0.41 8 3 POR
10 A SUI TUR 0.25 0.15 9 13 SUI
11 B CRO GER 0.24 0.49 10 1 GER
12 B AUT POL 0.15 0.14 12 14 AUT
13 C ITA ROU 0.43 0.12 2 15 ITA
14 C NED FRA 0.35 0.4 5 4 FRA
15 D SWE ESP 0.31 0.35 7 6 ESP
16 D GRE RUS 0.17 0.12 11 16 GRE
17 A SUI POR 0.25 0.41 9 3 POR
18 A TUR CZE 0.15 0.26 13 8 CZE
19 B POL CRO 0.14 0.24 14 10 CRO
20 B AUT GER 0.15 0.49 12 1 GER
21 C NED ROU 0.35 0.12 5 15 NED
22 C FRA ITA 0.4 0.43 4 2 ITA
23 D GRE ESP 0.17 0.35 11 6 ESP
24 D RUS SWE 0.12 0.31 16 7 SWE
country group rec recrank
GER B 0.492 1
ITA C 0.432 2
POR A 0.409 3
FRA C 0.4 4
NED C 0.354 5
ESP D 0.347 6
SWE D 0.307 7
CZE A 0.26 8
SUI A 0.246 9
CRO B 0.24 10
GRE D 0.167 11
AUT B 0.153 12
TUR A 0.146 13
POL B 0.135 14
ROU C 0.125 15
RUS D 0.116 16

June 2, 2008

Society for Medical Decision Making (SMDM) 30th Annual Meeting

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SMDM 2008, OCTOBER 19-22, 2008, PHILADELPHIA

We are pleased to invite you to submit an abstract to the 30th Annual Meeting of the Society for Medical Decision Making, being held in Philadelphia this October. The meeting theme is “Comparative Effectiveness Research.”

Authors of accepted abstracts will be invited to present their work at the SMDM 30th Annual Meeting, October 19 – 22, 2008 in Philadelphia, PA. Accepted abstracts will be published online in Medical Decision Making, SMDM’s peer-reviewed scientific journal.

The deadline for abstract submissions is Friday, June 6, 2008 at 11:59 p.m. EDT. For more information about abstracts or to submit an abstract, go to abstracts. To learn more about the SMDM 30th Annual Meeting, go to meeting. To make hotel reservations for the meeting, go to reservations.

Meeting Co-Chairs:
Sandy Schwartz, MD and Seema Sonnad, PhD

Scientific Review Committee Co-Chairs:
Heather Taffet Gold, PhD, and Lisa Prosser, PhD

May 30, 2008

How lemonade changes the decision made

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BLOOD SUGAR AND HEURISTIC USE

Lemonade

Now this is interesting (*):

ABSTRACT:

This experiment used the attraction effect to test the hypothesis that ingestion of sugar can reduce reliance on intuitive, heuristic-based decision making. In the attraction effect, a difficult choice between two options is swayed by the presence of a seemingly irrelevant “decoy” option. We replicated this effect and the finding that the effect increases when people have depleted their mental resources performing a previous self-control task. Our hypothesis was based on the assumption that effortful processes require and consume relatively large amounts of glucose (brain fuel), and that this use of glucose is why people use heuristic strategies after exerting self-control. Before performing any tasks, some participants drank lemonade sweetened with sugar, which restores blood glucose, whereas others drank lemonade containing a sugar substitute. Only lemonade with sugar reduced the attraction effect. These results show one way in which the body (blood glucose) interacts with the mind (self-control and reliance on heuristics).

REFERENCE:

Masicampo, E. J., & Baumeister, R. F. (2008). Toward a physiology of dual-process reasoning and judgment: Lemonade, willpower, and effortful rule-based analysis. Psychological Science, 19, 255-260.

Download it while it is hot.

(*) When Decision Science News says that “this” is interesting, it means the finding that sugar can affect the particular heuristic employed is interesting.

For a more classically cognitive model of how heuristics are selected from the adaptive toolbox, see:

  • Rieskamp, Jörg & Otto, Philipp E. (2006). SSL: A Theory of How People Learn to Select Strategies. Journal of Experimental Psychology: General, 135(2), 207-236.

For a blend of the biological and the cognitive, see:

  • Mata, Rui; Schooler, Lael J.; Rieskamp, Jörg (2007). The aging decision maker: Cognitive aging and the adaptive selection of decision strategies. Psychology and Aging, 22(4), 796-810.

Photo credit: http://www.flickr.com/photos/julieivens/491354101/sizes/m/

May 21, 2008

JDM 2008, November 15-17, Chicago

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ANNUAL MEETING OF THE SOCIETY FOR JUDGMENT AND DECISION MAKING

The Society for Judgment and Decision Making (SJDM) invites abstracts for symposia, oral presentations, and posters on any interesting topic related to judgment and decision making. Completed manuscripts are not required.

LOCATION, DATES, AND PROGRAM
SJDM’s annual conference will be held at the Chicago Hilton in Chicago, IL during November 15-17, 2008. Early registration and welcome reception will take place the evening of Friday, November 14. Following the format established in the last few years, the schedule includes a full day on Saturday to make room for more presentations and for two keynote speakers.

SUBMISSIONS
The deadline for submissions is June 15, 2008. Submissions for symposia, oral presentations, and posters should be made through the SJDM website at http://sql.sjdm.org. Technical questions can be addressed to the webmaster, Alan Schwartz, at www at sjdm.org. All other questions can be addressed to the program chair, (also) Alan Schwartz, at alansz at uic.edu.

ELIGIBILITY
At least one author of each presentation must be a member of SJDM. Joining at the time of submission will satisfy this requirement. A membership form may be downloaded from the SJDM website at http://www.sjdm.org. An individual may give only one talk (podium presentation) and present only one poster, but may be a co-author on multiple talks and/or posters.

AWARDS
The Best Student Poster Award is given for the best poster presentation whose first author is a student member of SJDM.

The Hillel Einhorn New Investigator Award is intended to encourage outstanding work by new researchers. Applications are due July 1, 2008. Further details are available at http://www.sjdm.org.

The Jane Beattie Memorial Fund subsidizes travel to North America for a foreign scholar in pursuits related to judgment and decision research, including attendance at the annual SJDM
meeting. Information and an application form can be found at http://faculty.chicagogsb.edu/joshua.klayman/more/BeattieInfo07.htm.

Applications are due by July 16, 2008.

PROGRAM COMMITTEE
Alan Schwartz (Chair), George Wu, Melissa Finucane, Craig McKenzie, Yuval Rottenstreich, Michel Regenwetter, Gal Zauberman, Michael Birnbaum (SJDM president), Julie Downs (Conference Coordinator)

(*) Decision Science News believes deeply in the city of Chicago

May 12, 2008

Duke Postdoc – July 1 Deadline

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WELL-PAID POSTDOC AT DUKE’S FUQUA SCHOOL

fqa

Many great JDMers such as Luce, Bettman, Soll, Larrick, Ariely, Payne, Clemen, Fitzsimons can be found at Duke. Now, so can a lucky postdoc.

Duke University’s Fuqua School of Business invites applications for a two year Postdoctoral Fellowship in the area of Behavioral Decision Making. The postdoctoral fellow will work with Dr. John Payne, Dr. Jim Bettman and Dr. Mary Frances Luce on work related to the impact of emotion on decision making. Planned projects include experimental laboratory research addressing the interaction of different forms and sources of emotion with features of decision task environments.

Opportunities will exist to apply this research within medical and financial domains, depending in part on the interests of the applicant. Applicants should have training in experimental construction, design, and analysis as well as a high-quality, ongoing research stream. The position will provide opportunities to interact with faculty across the business school and allied departments at Duke University. No teaching is required. Salary amount is $50,000; in addition, the post doc will have access to health, dental and retirement benefits. Candidates should submit a CV and selected papers, as well as statements of teaching and research interests, and they should arrange for three letters of recommendation to be sent. Review of applications will begin immediately and will continue until the position is filled.

Candidates are encouraged to have all materials submitted prior to July 1, 2008 to ensure full consideration. If interested, please email CV to mluce at duke.edu.