Cited by 652Decision-Making and Behavioral EconomicsPsychology of Social InfluenceForecasting Techniques and Applications

Receiving other people’s advice: Influence and benefit

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Yaniv, Ilan·2004·Organizational Behavior and Human Decision Processes

Integrity signals

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Crossref · 10.1016/j.obhdp.2003.08.002

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53 of 53 references verified0 citation errors · 0 not checkable

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  • Egocentric advice discounting arises because decision makers have direct access to the reasoning behind their own estimates, but not to the reasoning behind the advisor's recommendation.

    “This tendency arises because decision makers have direct access to the reasoning behind their own estimates, but not to the reasoning behind the advisor's recommendation (Yaniv 2004).”
  • Individuals tend to give greater weight to their initial judgments than to external recommendations, a phenomenon known as egocentric advice discounting.

    “A consistent finding in this literature is that individuals tend to give greater weight to their initial judgments than to external recommendations, a phenomenon known as egocentric advice discounting.”
  • This finding differs from the expectation that experienced judges may be more resistant to advice because they can generate more internal arguments supporting their initial view.

    “This finding differs from the expectation that experienced judges may be more resistant to advice because they can generate more internal arguments supporting their initial view (Yaniv 2004;Bonaccio and Dalal 2006).”
  • Judges tend to give greater weight to their own initial assessments because they have direct access to the reasoning underlying their own judgments, but not to the reasoning underlying external advice.

    “This finding is consistent with Yaniv (2004) argument that judges tend to give greater weight to their own initial assessments because they have direct access to the reasoning underlying their own judgments, but not to the reasoning underlying external advice.”
  • Individuals often favor congruent information over objectively accurate but contradictory recommendations, a tendency driven by confirmation and self-validation processes.

    “Existing research shows that individuals often favor congruent information over objectively accurate but contradictory recommendations, a tendency driven by confirmation and self-validation processes (Yaniv 2004).”

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Authors
Yaniv, I.
Affiliations
Hebrew University of Jerusalem (IL)
Corresponding author
Yaniv, Ilan
Venue
Organizational Behavior and Human Decision Processes
Publisher
Elsevier BV
Published
2004-01
Volume
93
Issue
1
Pages
1-13
ISSN
0749-5978 (ISSN-L)
OpenAlex
W2025486241
Cited by
652
References
53
Citations by year
2026: 40 · 2025: 41 · 2024: 45 · 2023: 36 · 2022: 36 · 2021: 32 · 2020: 33 · 2019: 38 · 2018: 37 · 2017: 36 · 2016: 28 · 2015: 37 · 2014: 23 · 2013: 35 · 2012: 45
FWCI
7.82
Type
journal article
Language
en
Open access
Locations
  • Organizational Behavior and Human Decision Processes (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • SSRN Electronic Journal (submittedVersion)
Topics
  • Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
  • Social Sciences › Sociology and Political Science › Psychology of Social Influence
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Forecasting Techniques and Applications
Keywords
advice seeking, judgment accuracy, attitude change, decision-making, theory of judgment

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