Cited by 166Decision-Making and Behavioral EconomicsClinical Reasoning and Diagnostic SkillsCognitive Abilities and Testing

Correlations of cognitive reflection with judgments and choices

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Campitelli, Guillermo, Labollita, Martín·2010·Judgment and Decision Making

Abstract

We investigated the role of individual differences in cognitive reflection in decision making. We measured the performance of 157 participants in the cognitive reflection test (Frederick, 2005) and a number of decision-making tasks. We examined the relation of cognitive reflection with performance in tasks that assess correspondence (as distinct from coherence), such as predicting the ratings of chess players. We found significant correlations between cognitive reflection and all the estimation measures in correspondence tasks. Our results suggest that cognitive reflection is a thinking disposition that includes more characteristics than originally proposed by Frederick (2005). We proposed that cognitive reflection is related to the concept of actively open-minded thinking (Baron, 1985, 2008). We concluded that cognitive reflection is a thinking disposition that interacts with knowledge, domain-specific heuristics and characteristics of the environment and that it may play an essential role in the adaptation of the decision maker to different environments and situations.

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Research works printed but not linked: 2

  1. Evans, J. St. B. T. (2008). Dual-processes accounts of reasoning. Annual Review of Psychology, 59, 255-278.
  2. Oechssler, J., Roider, A., & Schmitz, P. W. (2009). Cog- nitive abilities and behavioural biases. Journal of Eco- nomic Behavior & Organization, 72, 147-152.

Cited by

Authors
Campitelli, G., & Labollita, M.
Affiliations
  • Consejo Nacional de Investigaciones Científicas y Técnicas (AR)
  • Universidad de Buenos Aires (AR)
Corresponding author
Campitelli, Guillermo
Venue
Judgment and Decision Making
Published
2010-06
Volume
5
Issue
3
Pages
182-191
ISSN
1930-2975 (ISSN-L)
OpenAlex
W1575392358
Cited by
166
References
40
Citations by year
2026: 5 · 2025: 4 · 2024: 9 · 2023: 15 · 2022: 11 · 2021: 14 · 2020: 12 · 2019: 22 · 2018: 14 · 2017: 10 · 2016: 9 · 2015: 15 · 2014: 7 · 2013: 8 · 2012: 5
FWCI
4.03
Type
journal article
Language
en
Open access
Locations
  • Judgment and Decision Making (publishedVersion, cc-by)
  • Murdoch University Research Portal (submittedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion)
Topics
  • Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
  • Health Sciences › Medicine › Family Practice › Clinical Reasoning and Diagnostic Skills
  • Social Sciences › Psychology › Experimental and Cognitive Psychology › Cognitive Abilities and Testing
Keywords
cognitive reflection, Cognitive Reflection Test, individual differences, decision-making, open-mindedness, thinking dispositions, domain-specific heuristics, environmental adaptation

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