Self-other decision-making differences derived from construal level

  • Hui Zhang
  • , Jingyi Lu
  • , Xiaofei Xie*
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

Abstract

The authors review the self-other decision-making differences, and propose that such differences are derived from decision makers' cognitive differences in construal level. The mental construals are low when people make decisions for themselves, whereas the mental construals are high when they decide for others. Theoretically, self-other decision-making differences are illustrations of bounded rationality. Practically, understanding such differences as well as their mechanisms helps to achieve optimal decisions.

Original languageEnglish
Pages (from-to)1124-1132
Number of pages9
JournalBeijing Daxue Xuebao (Ziran Kexue Ban)/Acta Scientiarum Naturalium Universitatis Pekinensis
Volume50
Issue number6
DOIs
StatePublished - 20 Nov 2014

Keywords

  • Bounded rationality
  • Cognitive differences
  • Construal level
  • Psychological weights
  • Self-other decision-making differences
  • attached to gains and losses

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