| Literature DB >> 30530692 |
Abstract
A world where information is abundant promises unprecedented opportunities for information exchange. Seven studies suggest these opportunities work better in theory than in practice: People fail to anticipate how quickly minds change, believing that they and others will evaluate more evidence before making up their minds than they and others actually do. From evaluating peers, marriage prospects, and political candidates to evaluating novel foods, goods, and services, people consume far less information than expected before deeming things good or bad. Accordingly, people acquire and share too much information in impression-formation contexts: People overvalue long-term trials, overpay for decision aids, and overwork to impress others, neglecting the speed at which conclusions will form. In today's information age, people may intuitively believe that exchanging ever-more information will foster better-informed opinions and perspectives-but much of this information may be lost on minds long made up.Entities:
Keywords: change; information processing; judgment; self-insight; tipping point
Mesh:
Year: 2018 PMID: 30530692 PMCID: PMC6310859 DOI: 10.1073/pnas.1805327115
Source DB: PubMed Journal: Proc Natl Acad Sci U S A ISSN: 0027-8424 Impact factor: 11.205
Fig. 1.Predicted versus actual necessity of sampling information from day to day, within-subjects (study 5). Error bars represent SEs. Day 1 did not include predicted judgments to allow participants to preexperience the video service before making predictions (for visual ease, the dotted line connects experiences in day 1 to predictions in day 2).
Fig. 2.Number of correct guesses of election winners (A) and net earnings (B) as a function of assigned or chosen exposure times (study 6). Error bars represent SEs.