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Advice Taking in Decision Making: Egocentric Discounting and Reputation Formation

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  • Yaniv, Ilan
  • Kleinberger, Eli
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    Bibliographic Info

    Article provided by Elsevier in its journal Organizational Behavior and Human Decision Processes.

    Volume (Year): 83 (2000)
    Issue (Month): 2 (November)
    Pages: 260-281

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    Handle: RePEc:eee:jobhdp:v:83:y:2000:i:2:p:260-281

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    Web page: http://www.elsevier.com/locate/obhdp

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    1. Sniezek, Janet A. & Henry, Rebecca A., 1989. "Accuracy and confidence in group judgment," Organizational Behavior and Human Decision Processes, Elsevier, vol. 43(1), pages 1-28, February.
    2. Sniezek, Janet A. & Buckley, Timothy, 1995. "Cueing and Cognitive Conflict in Judge-Advisor Decision Making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 62(2), pages 159-174, May.
    3. Alison Hubbard Ashton & Robert H. Ashton, 1985. "Aggregating Subjective Forecasts: Some Empirical Results," Management Science, INFORMS, vol. 31(12), pages 1499-1508, December.
    4. Graham, John R, 1996. "Is a Group of Economists Better than One? Than None?," The Journal of Business, University of Chicago Press, vol. 69(2), pages 193-232, April.
    5. Yates, J. Frank & Price, Paul C. & Lee, Ju-Whei & Ramirez, James, 1996. "Good probabilistic forecasters: The 'consumer's' perspective," International Journal of Forecasting, Elsevier, vol. 12(1), pages 41-56, March.
    6. Yaniv, Ilan, 1997. "Weighting and Trimming: Heuristics for Aggregating Judgments under Uncertainty," Organizational Behavior and Human Decision Processes, Elsevier, vol. 69(3), pages 237-249, March.
    7. Connolly, Terry & Thorn, Brian K., 1987. "Predecisional information acquisition: Effects of task variables on suboptimal search strategies," Organizational Behavior and Human Decision Processes, Elsevier, vol. 39(3), pages 397-416, June.
    8. Harvey, Nigel & Fischer, Ilan, 1997. "Taking Advice: Accepting Help, Improving Judgment, and Sharing Responsibility," Organizational Behavior and Human Decision Processes, Elsevier, vol. 70(2), pages 117-133, May.
    9. Robert L. Winkler & Roy M. Poses, 1993. "Evaluating and Combining Physicians' Probabilities of Survival in an Intensive Care Unit," Management Science, INFORMS, vol. 39(12), pages 1526-1543, December.
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    Cited by:
    1. Gino, Francesca & Shang, Jen & Croson, Rachel, 2009. "The impact of information from similar or different advisors on judgment," Organizational Behavior and Human Decision Processes, Elsevier, vol. 108(2), pages 287-302, March.
    2. Soll, Jack B. & Mannes, Albert E., 2011. "Judgmental aggregation strategies depend on whether the self is involved," International Journal of Forecasting, Elsevier, vol. 27(1), pages 81-102, January.
    3. Gino, Francesca, 2008. "Do we listen to advice just because we paid for it? The impact of advice cost on its use," Organizational Behavior and Human Decision Processes, Elsevier, vol. 107(2), pages 234-245, November.
    4. Gehrig, Thomas & Güth, Werner & Leví0nský, René & Popova, Vera, 2010. "On the evolution of professional consulting," Journal of Economic Behavior & Organization, Elsevier, vol. 76(1), pages 113-126, October.
    5. Goodwin, Paul & Fildes, Robert & Lawrence, Michael & Stephens, Greg, 2011. "Restrictiveness and guidance in support systems," Omega, Elsevier, vol. 39(3), pages 242-253, June.
    6. Bonaccio, Silvia & Dalal, Reeshad S., 2006. "Advice taking and decision-making: An integrative literature review, and implications for the organizational sciences," Organizational Behavior and Human Decision Processes, Elsevier, vol. 101(2), pages 127-151, November.
    7. Budescu, David V. & Rantilla, Adrian K. & Yu, Hsiu-Ting & Karelitz, Tzur M., 2003. "The effects of asymmetry among advisors on the aggregation of their opinions," Organizational Behavior and Human Decision Processes, Elsevier, vol. 90(1), pages 178-194, January.
    8. Yaniv, Ilan, 2004. "Receiving other people's advice: Influence and benefit," Organizational Behavior and Human Decision Processes, Elsevier, vol. 93(1), pages 1-13, January.
    9. Baer, Markus & Brown, Graham, 2012. "Blind in one eye: How psychological ownership of ideas affects the types of suggestions people adopt," Organizational Behavior and Human Decision Processes, Elsevier, vol. 118(1), pages 60-71.
    10. See, Kelly E. & Morrison, Elizabeth W. & Rothman, Naomi B. & Soll, Jack B., 2011. "The detrimental effects of power on confidence, advice taking, and accuracy," Organizational Behavior and Human Decision Processes, Elsevier, vol. 116(2), pages 272-285.
    11. Andrew Gershoff & Ashesh Mukherjee & Anirban Mukhopadhyay, 2006. "“I love it” or “I hate it”? The positivity effect in stated preferences for agent evaluation," Marketing Letters, Springer, vol. 17(2), pages 103-117, April.
    12. Yaniv, Ilan & Milyavsky, Maxim, 2007. "Using advice from multiple sources to revise and improve judgments," Organizational Behavior and Human Decision Processes, Elsevier, vol. 103(1), pages 104-120, May.
    13. Jonas, Eva & Frey, Dieter, 2003. "Information search and presentation in advisor-client interactions," Organizational Behavior and Human Decision Processes, Elsevier, vol. 91(2), pages 154-168, July.
    14. Goodwin, Paul & Fildes, Robert & Lawrence, Michael & Nikolopoulos, Konstantinos, 2007. "The process of using a forecasting support system," International Journal of Forecasting, Elsevier, vol. 23(3), pages 391-404.
    15. Van Swol, Lyn M., 2011. "Forecasting another's enjoyment versus giving the right answer: Trust, shared values, task effects, and confidence in improving the acceptance of advice," International Journal of Forecasting, Elsevier, vol. 27(1), pages 103-120, January.
    16. Godek, John & Murray, Kyle B., 2008. "Willingness to pay for advice: The role of rational and experiential processing," Organizational Behavior and Human Decision Processes, Elsevier, vol. 106(1), pages 77-87, May.
    17. Yaniv, Ilan & Choshen-Hillel, Shoham & Milyavsky, Maxim, 2011. "Receiving advice on matters of taste: Similarity, majority influence, and taste discrimination," Organizational Behavior and Human Decision Processes, Elsevier, vol. 115(1), pages 111-120, May.
    18. Chernyshenko, Oleksandr S. & Miner, Andrew G. & Baumann, Michael R. & Sniezek, Janet A., 2003. "The impact of information distribution, ownership, and discussion on group member judgment: The differential cue weighting model," Organizational Behavior and Human Decision Processes, Elsevier, vol. 91(1), pages 12-25, May.
    19. Ilan Yaniv, 2005. "Receiving Other People's Advice: Influence and Benefit," Discussion Paper Series dp405, The Center for the Study of Rationality, Hebrew University, Jerusalem.
    20. Baumann, Michael R. & Bonner, Bryan L., 2004. "The effects of variability and expectations on utilization of member expertise and group performance," Organizational Behavior and Human Decision Processes, Elsevier, vol. 93(2), pages 89-101, March.
    21. Camacho, N.M.A. & de Jong, M.G. & Stremersch, S., 2014. "The Effect of Customer Empowerment on Adherence to Expert Advice," ERIM Report Series Research in Management ERS-2014-005-MKT, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    22. Jodlbauer, Barbara & Jonas, Eva, 2011. "Forecasting clients' reactions: How does the perception of strategic behavior influence the acceptance of advice?," International Journal of Forecasting, Elsevier, vol. 27(1), pages 121-133, January.

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