When feedback is ignored: Disutility of outcome feedback.
Journal of Applied PsychologyPublished 1 August 1984
Jacob Jacoby, David Mazursky, Tracy Troutman, Alfred Kuß
Citations91
SJR quartileQ1
SJR score6.80
SNIP3.33
Generate an AI Snapshot to get a quick, structured summary of this paper.
Study Snapshot
ObjectiveStudy objective
MethodsResearch methodology
PopulationPopulation studied
Sample sizeSample sizes
OutcomesStudy outcomes here
ResultsStudy results comes here
LimitationsResearch study limitations comes here
A concise AI-generated summary of the paper will appear here once you click Generate AI Snapshot.
Abstract
Institute for Marketing and Consumer Research,The Free University, West Berlin, West GermanyFollowing Hammond, McClelland, and Mumpower (1980), two types of feedbackare conceptualized—outcome feedback and cognitive feedback The latter is herehypothesized as having either predictive or explanatory value Using security analystsparticipating in a security analysis decision simulation, the hypothesis that, incontrast to poorer performing decision makers, better performing decision makersare more likely to ignore outcome-only feedback was confirmed (r = —.48, p =02). Implications for theory revision and future research are discussed
Keywords
PsychologyDecision Sciences
Cambridge University Press eBooksProspect theory: An analysis of decision under risk
33,002 Citations1988Daniel Kahneman, Amos Tversky
The MIT Press eBooksCybernetics or Control and Communication in the Animal and the Machine
5,027 Citations2019Norbert Wiener
Psychological BulletinControl theory: A useful conceptual framework for personality–social, clinical, and health psychology.
2,567 Citations1982Charles S. Carver, Michael F. Scheier
The basic construct of control theory is presented—the discrepancy-reducing feedback loop—and certain of its implications for theory in three separate areas of human psychology are discussed, demonstrating the breadth of its applicability.
Journal of the American Statistical AssociationStatistical Analysis in Psychology and Education.
2,230 Citations1967Holly Smith, George A. Ferguson
Journal of Applied PsychologyConsequences of individual feedback on behavior in organizations.
1,779 Citations1979Daniel R. Ilgen, Cynthia D. Fisher +1 more
Annual Review of PsychologyBehavioral Decision Theory: Processes of Judgement and Choice
1,688 Citations1981Hillel J. Einhorn, Robin M. Hogarth
Land EconomicsThe Human Use of Human Beings: Cybernetics and Society
1,664 Citations1951Stephen B. Miles, Norbert Wiener
This book examines the implications of cybernetics for education, law, language, science, technology, as Norbert Wiener anticipates the enormous impact--in effect, a third industrial revolution--that the computer has had on the authors' lives.
The Journal of BusinessMarket and Industry Factors in Stock Price Behavior
845 Citations1966Benjamin F. King
American PsychologistComprehending verbal comprehension.
387 Citations1983Robert J. Sternberg, Janet S. Powell
The Journal of General PsychologyEffects of Knowledge of Performance: A Survey and Tentative Theoretical Formulation
352 Citations1956R. B. Ammons
Organizational Behavior and Human PerformanceThe effects of feedback on task group behavior: A review of the experimental research
234 Citations1979David A. Nadler
Cambridge University Press eBooksLearning from experience and suboptimal rules in decision making
228 Citations1982Hillel J. Einhorn
The Journal of BusinessAnalyzing the Use of Information in Investment Decision Making: A Methodological Proposal
167 Citations1972Paul Slovic, Dan Fleissner +1 more
Academy of Management JournalThe Effects of Goal Setting, External Feedback, and Self-Generated Feedback on Outcome Variables: A Field Experiment.
132 Citations1982J. M. Ivancevich, J. T. McMahon
Organizational Behavior and Human PerformanceNegative effects of outcome-feedback in multiple-cue probability learning
132 Citations1973Kenneth R. Hammond, David A. Summers +1 more
Performance in a probabilistic learning task was studied under conditions in which learners received knowledge of results after every trial, outcome-feedback, and information about task properties.
Organizational Behavior and Human PerformanceThe effects of cognitive feedback and task complexity in multiple-cue probability learning
79 Citations1976Derick O. Steinmann
The hypothesis that cognitive feedback is more effective than feedforward for the more complex task used here was not confirmed, and there were no differences between the two groups with regard to ra, G, or Rs,2 (cognitive control).
Journal of Consumer ResearchPreference, Search, and Choice: An Integrative Approach
46 Citations1979David A. Sheluga, James Jaccard +1 more
Journal of Experimental Psychology GeneralDecision making with texts: Information analysis and schema acquisition.
21 Citations1981Ely Kozminsky, Walter Kintsch +1 more
Effective decision in this task was viewed as the ability to acquire an appropriate control schema to guide the comprehension and the analysis of complex, often unreliable, text inputs.
Financial Analysts JournalInvestment Value and Security Analysis
3 Citations1977T. Carter Hagaman, Arnold E. Jensen