The effect of cognitive load on economic decision making: A survey and new experiments
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Cognitive load must be managed for effective problem-solving and clinical decision-making, as levels of cognitive load influence decisions and outcomes.
“Cognitive load must be managed for effective problem-solving and clinical decision-making (correct decisions/reduction of errors), as levels of cognitive load influence decisions and outcomes38,49–53.”
From When better data meets better design: How EHR data usability and system usability shape physicians' cognitive load (2026) · cites this paper as [49]
EHRs with higher data usability prompts encourage physicians to engage more deeply with patient information.
“Generally, because EHRs have higher data usability prompts, they encourage physicians to engage more deeply with patient information3,4,44,49,54.”
From When better data meets better design: How EHR data usability and system usability shape physicians' cognitive load (2026) · cites this paper as [49]
Evidence of a detrimental impact of cognitive load on temporal choices is mixed.
“Evidence of a detrimental impact of cognitive load on temporal choices is mixed.”
From Poverty and economic decision making: a review of scarcity theory (2022) · cites this paper as Deck and Jahedi (2015)
Additional experiments by Deck and Jahedi (2015) confirmed that cognitive load increased both risk aversion and money-related impatience.
“Additional experiments conducted by Deck and Jahedi (2015) confirmed the above results and showed that cognitive load increased both risk aversion and money-related impatience.”
From Poverty and economic decision making: a review of scarcity theory (2022) · cites this paper as Deck and Jahedi (2015)
Deck and Jahedi (2015) show consistent evidence that cognitive load increases risk aversion.
“In their overview of empirical research, Deck and Jahedi (2015) show consistent evidence that cognitive load increases risk aversion.”
From Poverty and economic decision making: a review of scarcity theory (2022) · cites this paper as Deck and Jahedi (2015)
These results contradict both the hypothesis that financial scarcity increases risk aversion and findings that cognitive load increases risk aversion.
“These results contradict both the hypothesis that financial scarcity increases risk aversion and findings that cognitive load increases risk aversion (Deck and Jahedi 2015).”
From Poverty and economic decision making: a review of scarcity theory (2022) · cites this paper as Deck and Jahedi 2015
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- Authors
- Deck, C., & Jahedi, S.
- Affiliations
- Chapman University (US)
- RAND Corporation (US)
- Corresponding author
- Jahedi, Salar
- ORCID
- Deck, Cary
- Venue
- European Economic Review
- Publisher
- Elsevier BV
- Published
- 2015-08
- Volume
- 78
- Pages
- 97-119
- ISSN
- 0014-2921 (ISSN-L)
- OpenAlex
- W1717300320
- Cited by
- 304
- References
- 73
- Citations by year
- 2026: 35 · 2025: 41 · 2024: 46 · 2023: 32 · 2022: 38 · 2021: 20 · 2020: 29 · 2019: 19 · 2018: 17 · 2017: 13 · 2016: 10 · 2015: 1 · 2014: 2 · 2013: 1
- FWCI
- 9.77
- Type
- journal article
- Language
- en
- Open access
- Licence
- cc-by-nc-nd
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
- Locations
- European Economic Review (publishedVersion)
- Chapman University Digital Commons (Chapman University) (submittedVersion, cc-by-nc-nd)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
- Social Sciences › Safety Research › Experimental Behavioral Economics Studies
- Social Sciences › Business, Management and Accounting › Accounting › Financial Literacy, Pension, Retirement Analysis
- Keywords
- cognitive load, economic decision-making, risk aversion, intertemporal choice, anchoring effect, snack selection, numeracy, mathematics achievement, time preference, individual heterogeneity
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