TY - JOUR
T1 - Identifying decision strategies: A process- and outcome-based classification method
AU - Riedl, René
AU - Brandstätter, Eduard
AU - Roithmayr, Friedrich
N1 - Funding Information:
E.B. was supported by Austrian Science Fund (FWF) Grant P18907-G11.
PY - 2008/8
Y1 - 2008/8
N2 - This article presents a classification method that makes possible the detection of important decision strategies that people use in nonrisky multiattribute decision tasks. The classification method incorporates a multimethod approach that combines elements of both structural modeling and process tracing. We begin with a discussion of nine common characteristics of decision strategies and then classify 13 decision strategies on the basis of these characteristics. Next, we demonstrate that six of the characteristics can be used to develop one outcome-based and three process-based metrics. In addition, we present an algorithm that shows how to use the metrics. We demonstrate that using our metrics in conjunction with a measure for direction of search allows identification of most of the 13 decision strategies. Finally, we outline the potential of our research for the design of decision support systems such as online shops.
AB - This article presents a classification method that makes possible the detection of important decision strategies that people use in nonrisky multiattribute decision tasks. The classification method incorporates a multimethod approach that combines elements of both structural modeling and process tracing. We begin with a discussion of nine common characteristics of decision strategies and then classify 13 decision strategies on the basis of these characteristics. Next, we demonstrate that six of the characteristics can be used to develop one outcome-based and three process-based metrics. In addition, we present an algorithm that shows how to use the metrics. We demonstrate that using our metrics in conjunction with a measure for direction of search allows identification of most of the 13 decision strategies. Finally, we outline the potential of our research for the design of decision support systems such as online shops.
UR - http://www.scopus.com/inward/record.url?scp=50849083803&partnerID=8YFLogxK
U2 - 10.3758/BRM.40.3.795
DO - 10.3758/BRM.40.3.795
M3 - Article
SN - 0743-3808
VL - 40
SP - 795
EP - 807
JO - BEHAVIOR RESEARCH METHODS INSTRUMENTS & COMPUTERS
JF - BEHAVIOR RESEARCH METHODS INSTRUMENTS & COMPUTERS
IS - 3
ER -