Does counting change what counts? Quantification fixation biases decision-making.

comparison fluency decision-making numeracy quantification

Journal

Proceedings of the National Academy of Sciences of the United States of America
ISSN: 1091-6490
Titre abrégé: Proc Natl Acad Sci U S A
Pays: United States
ID NLM: 7505876

Informations de publication

Date de publication:
12 Nov 2024
Historique:
medline: 28 10 2024
pubmed: 28 10 2024
entrez: 28 10 2024
Statut: ppublish

Résumé

People often rely on numeric metrics to make decisions and form judgments. Numbers can be difficult to process, leading to their underutilization, but they are also uniquely suited to making comparisons. Do people decide differently when some dimensions of a choice are quantified and others are not? We explore this question across 21 preregistered experiments (8 in the main text, N = 9,303; 13 in supplement, N = 13,936) involving managerial, policy, and consumer decisions. Participants face choices that involve tradeoffs (e.g., choosing between employees, one of whom has a higher likelihood of advancement but lower likelihood of retention), and we randomize which dimension of each tradeoff is presented numerically and which is presented qualitatively (using verbal estimates, discrete visualizations, or continuous visualizations). We show that people systematically shift their preferences toward options that dominate on tradeoff dimensions conveyed numerically-a pattern we dub "quantification fixation." Further, we show that quantification fixation has financial consequences-it emerges in incentive-compatible hiring tasks and in charitable donation decisions. We identify one key mechanism that underlies quantification fixation and moderates its strength: When making comparative judgments, which are essential to tradeoff decisions, numeric information is more fluent than non-numeric information. Our findings suggest that when we count, we change what counts.

Identifiants

pubmed: 39467152
doi: 10.1073/pnas.2400215121
doi:

Types de publication

Journal Article

Langues

eng

Sous-ensembles de citation

IM

Pagination

e2400215121

Déclaration de conflit d'intérêts

Competing interests statement:The authors declare no competing interest.

Auteurs

Linda W Chang (LW)

Operations, Information, and Decisions Department, The Wharton School, University of Pennsylvania, Philadelphia, PA 19104.

Erika L Kirgios (EL)

Behavioral Science Department, Booth School of Business, University of Chicago, Chicago, IL 60637.

Sendhil Mullainathan (S)

Department of Economics, Massachusetts Institute of Technology, Cambridge, MA 02142.
Electrical Engineering & Computer Science Department, Massachusetts Institute of Technology, Cambridge, MA 02139.

Katherine L Milkman (KL)

Operations, Information, and Decisions Department, The Wharton School, University of Pennsylvania, Philadelphia, PA 19104.

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