Publication: Faith in intuition and cognitive reflection
Faith in intuition and cognitive reflection
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Alós-Ferrer, C., & Hügelschäfer, S. (2016). Faith in intuition and cognitive reflection. Journal of Behavioral and Experimental Economics, 64, 61–70. https://doi.org/10.1016/j.socec.2015.10.006
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We compare two different measures of impulsive or intuitive behavior, the Cognitive Reflection Test (CRT) and a well-established psychological scale known as “Faith in Intuition” (FI), and investigate their relation to common biases in probability judgment. Using data from two laboratory experiments and a series of classroom experiments, the evidence we obtain is mixed. CRT scores and FI correlated in two data sets out of three. Both measures appear to be partially informative for some of the biases, but the effects are not systematic
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- Hügelschäfer, Sabine
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Citations
Alós-Ferrer, C., & Hügelschäfer, S. (2016). Faith in intuition and cognitive reflection. Journal of Behavioral and Experimental Economics, 64, 61–70. https://doi.org/10.1016/j.socec.2015.10.006
