What is it about?
Advice plays an important role in how people make decisions in virtually all walks of life. Diners, for example, consult their friends before visiting a new restaurant and managers seek expert advice before making business decisions. What do we know about when people seek advice and from whom? How does advice influence people’s decisions, and is using advice beneficial? Researchers from many disciplines study these questions. In our review, we provide a summary of the scientific discoveries in psychology and management over the past 16 years.
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Why is it important?
Our summary of research in psychology and management on advice-based decision making gives researchers and interested readers a quick and comprehensive overview of relevant advice research. It also brings together methods and findings from two scientific literatures, which may facilitate cross-fertilization. Seeing the big picture will contribute to better understanding the benefits and mechanisms of the use of advice in people’s decisions in the long run.
Read the Original
This page is a summary of: A systematic review of empirical studies on advice-based decisions in behavioral and organizational research., Decision, January 2023, American Psychological Association (APA), DOI: 10.1037/dec0000199.
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