Quantifying the cost of decision fatigue: suboptimal risk decisions in finance
Making decisions over extended periods of time is cognitively taxing and can lead to decision fatigue, which is linked to a preference for the ‘default’ option, namely whatever decision involves relatively little cognitive effort. Such effects have been demonstrated across a number of applied settin...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
The Royal Society
2021-05-01
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Series: | Royal Society Open Science |
Subjects: | |
Online Access: | https://royalsocietypublishing.org/doi/10.1098/rsos.201059 |