What I Should Have Done Was Nothing: Cognitive Bias Toward Action
We investigated whether individuals have a cognitive bias toward action over inaction in decision making. We also examined whether any bias towards inaction has an interaction with personality, life satisfaction, rumination, and academic achievement. Participants (N=72) were given 14 scenarios all with a choice of inaction or action and a response on a Likert-type scale. Participants self-reported their ACT score, completed a personality test, the Satisfaction with Life Scale, and a rumination scale. Our findings showed that the average participant had a tendency towards more action than the situation warranted. Further, lower ACT scores were associated with a larger tendency toward action. There was not a statistically significant effect of framing the questions in terms of action (vs. inaction). Understanding these biases may aid people in making better decisions.
Keywords: Heuristics, Decision Making, Action, Inaction, Personality, Satisfaction with Life, Rumination, Academic Achievement
Topic(s):Psychology
Presentation Type: Asynchronous Virtual Oral Presentation
Session: 18-1
Location: https://flipgrid.com/fc0c5b54
Time: 0:00