Explaining the conflicting behavior of inexperienced and experienced political elites
Lisa J. Carlson and
Raymond Dacey
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Lisa J. Carlson: 5640University of Idaho, USA
Raymond Dacey: 5640University of Idaho, USA
Conflict Management and Peace Science, 2023, vol. 40, issue 6, 584-598
Abstract:
The empirical results on the influence of inexperience and experience in decision making are inconclusive. This paper offers a resolution to the puzzle of how empirical studies that advance contradictory risk-related claims can all command empirical support. The paper employs a paradigmatic model of decision making that examines two variables: (1) the decision maker's personality, of which inexperience and experience is one component; and (2) the particulars of the decision problem. These two variables permit us to resolve the puzzle of inconclusive empirical results by identifying the separating conditions under which each risk-related claim holds.
Keywords: Decision making; experience; inexperience; probability weighting; risk-related (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:sae:compsc:v:40:y:2023:i:6:p:584-598
DOI: 10.1177/07388942221149669
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