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Record W4402951870 · doi:10.62051/n41hsx09

Statistical study on the impact of psychological bias on business decision-making

2024· article· en· W4402951870 on OpenAlexaff

Bibliographic record

VenueTransactions on Economics Business and Management Research · 2024
Typearticle
Languageen
FieldDecision Sciences
TopicImpact of AI and Big Data on Business and Society
Canadian institutionsUniversity of British Columbia
Fundersnot available
KeywordsPsychologyApplied psychology

Abstract

fetched live from OpenAlex

In today's highly competitive business environment, it is particularly important to understand and optimize the decision-making process. Psychology, especially, cognitive bias theory, provides important perspectives on its application in business decision making. This study focuses on how psychological biases in business decision making affect decision efficiency and enterprise outcomes. Through quantitative analysis of the decision examples and results of many enterprises, this paper reveals the universality and influence of psychological bias such as confirmation bias, overconfidence and group thinking in decision making. Research shows that enterprises ignoring these psychological deviations may lead to strategic mistakes and wasted resources. Furthermore, this study explored the effectiveness of alleviating the effects of bias through psychological interventions, thus improving the scientific and economic benefits of decision-making. The research results not only have guiding significance for enterprise decision makers, but also provide empirical research support in the field of behavioral economics.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.005
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScholarly communication, Insufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.952
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0050.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.002
Science and technology studies0.0010.000
Scholarly communication0.0010.000
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.381
GPT teacher head0.521
Teacher spread0.140 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2024
Admission routes1
Has abstractyes

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