EconPapers    
Economics at your fingertips  
 

The effect of trial repetition and problem size on the consistency of decision making

Vladimír Bureš, Daniela Ponce, Pavel Čech and Karel Mls

PLOS ONE, 2019, vol. 14, issue 5, 1-14

Abstract: Human decision making involving many alternatives is encumbered with inconsistent prioritization. Although inconsistency is assumed to grow with the number of comparisons, it is shown to be reduced by conscious awareness under certain conditions. This study experimentally investigated the effect of repeating a criteria ranking task on inconsistency scores as measured by four different inconsistency coefficients. A total of 107 participants were engaged in a selection task that comprised of ranking from 3 to 10 criteria and was repeated in three trials. Upon completing the first trial, the participants were informed about the inconsistency issues and could improve their ranking in another two trials. The inconsistency score was computed for each set of comparisons and the effect of repeating the selection task on inconsistency concerning the number of criteria was analyzed using the repeated measures ANOVA. The results reveal a significant change in the inconsistency as the task was repeated but the difference depended on the number of criteria. There exists a borderline in the problem size under which the rankings are associated with significantly lower inconsistency, while the rankings with the larger number of criteria were found to have significantly higher inconsistency.

Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0216235 (text/html)
https://journals.plos.org/plosone/article/file?id= ... 16235&type=printable (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0216235

DOI: 10.1371/journal.pone.0216235

Access Statistics for this article

More articles in PLOS ONE from Public Library of Science
Bibliographic data for series maintained by plosone ().

 
Page updated 2025-03-19
Handle: RePEc:plo:pone00:0216235