Browsing by Author "Kausel, Edgar E."
Now showing 1 - 12 of 12
Results Per Page
Sort Options
- ItemA longitudinal approach for understanding algorithm use(WILEY, 2022) Chacón Hiriart, Álvaro Marcelo; Kausel, Edgar E.; Reyes Torres Tomas HernanResearch suggests that algorithms-based on artificial intelligence or linear regression models-make better predictions than humans in a wide range of domains. Several studies have examined the degree to which people use algorithms. However, these studies have been mostly cross-sectional and thus have failed to address the dynamic nature of algorithm use. In the present paper, we examined algorithm use with a novel longitudinal approach outside the lab. Specifically, we conducted two ecological momentary assessment studies in which 401 participants made financial predictions for 18 days in two tasks. Relying on the judge-advisor system framework, we examined how time interacted with advice source (human vs. algorithm) and advisor accuracy to predict advice taking. Our results showed that when the advice was inaccurate, people tended to use algorithm advice less than human advice across the period studied. Inaccurate algorithms were penalized logarithmically; the effect was initially strong but tended to fade over time. This suggests that first impressions are crucial and produce significant changes in advice taking at the beginning of the interaction, which later tends to stabilize as days go by. Therefore, inaccurate algorithms are more likely to accrue a negative reputation than inaccurate humans, even when having the same level of performance.
- ItemA statistical analysis of reinforced concrete wall buildings damaged during the 2010, Chile earthquake(2015) Junemann, Rosita; Llera Martin, Juan Carlos de la; Hube Ginestar, Matías Andrés; Cifuentes Lira, Luis Abdón; Kausel, Edgar E.; Pontificia Universidad Católica de Chile. National Research Center for Integrated Natural Disaster Management; Pontificia Universidad Católica de Chile. Department of Industrial and Systems Engineering
- ItemDo Findings from Laboratory Experiments on Preferential Selection Generalize to Cognitively-Oriented Tasks? A Test of Two Perspectives(2019) Kausel, Edgar E.; Slaughter, Jerel E.; Evans, Joel M.; Stein, Jordán H.
- ItemDoes facial structure predict academic performance?(2018) Kausel, Edgar E.; Ventura, Santiago; Vargas, Mauricio “Pacha”; Díaz, David; Vicencio, Fabián
- ItemDoes overconfidence pay off when things go well? CEO overconfidence, firm performance, and the business cycle(2020) Reyes, Tomás H.; Vassolo, Roberto; Kausel, Edgar E.; Torres, D. P.; Zhang, S.
- ItemDynamic overconfidence : a growth curve and cross lagged analysis of accuracy, confidence, overestimation and their relations(2020) Kausel, Edgar E.; Carrasco, F.; Reyes, Tomás H.; Hirmas, A.; Rodríguez, A.
- ItemOutcome bias in subjective ratings of performance : Evidence from the (football) field(2019) Kausel, Edgar E.; Ventura, S.; Rodriguez, A.
- ItemOverconfidence in personnel selection : when and why unstructured interview information can hurt hiring decisions(2016) Kausel, Edgar E.; Culbertson, S.; Madrid, Héctor
- ItemThe Language of Fairness: how Cross-Linguistic Norms in Spanish and English Influence Reactions to Unfair Treatment(2016) Birk, Sam J.; Kausel, Edgar E.
- ItemThe Reciprocal Relationships Between Escalation, Anger, and Confidence in Investment Decisions Over Time(2018) Jackson, Alexander T.; Howes, Satoris S.; Kausel, Edgar E.; Young, Michael E.; Loftis, Megan E.
- ItemWhen and Why Narcissists Exhibit Greater Hindsight Bias and Less Perceived Learning(2020) Howes, S. S.; Kausel, Edgar E.; Jackson, A. T.; Reb, J.