Journal of Dynamic Decision Making

About the Journal

The Journal of Dynamic Decision Making (JDDM) offers a peer-reviewed interdisciplinary open-access publication outlet for research on cognitive and behavioral processes involved in dynamic decision making. It is free of charge for both authors and readers. Contributions are expected primarily from the field of psychology but also from other disciplines like economics, philosophy, cognitive science, or system dynamics. Please refer to our Focus and Scope as well as our Author Guidelines, if you are interested in making a contribution to JDDM. For further information you may also refer to our first Editorial Statement.

 

Recent Articles

 
Collective Risk Social Dilemma: Role of information availability in achieving cooperation against climate change
Medha Kumar, Varun Dutt
Behaviour change via monetary investments is a way to fighting climate change. Prior research has investigated the role of climate-change investments using a Collective-Risk-Social-Dilemma (CRSD) game, where players have to collectively reach a target by contributing to a climate fund; failing which they lose their investments with a probability. However, little is known on how variability in the availability of information about players’ investments influences investment decisions in CRSD. In an experiment involving CRSD, 480 participants were randomly assigned to different conditions that differed in the availability of investment information among players. Half of the players possessed a higher starting endowment (rich) compared to other players (poor). Results revealed that investments against climate change were higher when investment information was available to all players compared to when this information was available only to a few players or to no one. ... (more)
JDDM doi: 10.11588/jddm.2019.1.57360
How we conceptualize climate change: Revealing the force-dynamic structure underlying stock-flow reasoning
Kurt Stocker, Joachim Funke
How people understand the fundamental dynamics of stock and flow (SF) is an important basic theoretical question with many practical applications. In this paper, we present a universal frame for understanding stock-flow reasoning in terms of the theory of force dynamics. This deep-level analysis is then applied to two different presentation formats of SF tasks in the context of climate change. We can explain why in a coordinate-graphic presentation misunderstandings occur (“SF failure”), whereas in a verbal presentation a better understanding is found. ... (more)
JDDM doi: 10.11588/jddm.2019.1.51357
Valence Matters in Judgments of Stock Accumulation in Blood Glucose Control and Other Global Problems
Cleotilde Gonzalez, Maria-Isabel Sanchez-Segura, German-Lenin Dugarte-Peña, Fuensanta Medina-Dominguez
Stock-flow failure is a reasoning error in dynamic systems that has great societal relevance: people misjudge a level of accumulation (i.e., stock) considering the information on flows that increase (i.e., inflow) or decrease (i.e., outflow) over time. Many interventions, including the use of analogies and graphical manipulations, to counteract this failure and help people integrate the flow information have been tested with little or no success. We suggest that this error relates to the valence of a problem: the framing of the inflow or outflow direction as “good” or “bad” is associated with the direction of its accumulation over time. To explore ... (more)
JDDM doi: 10.11588/jddm.2018.1.49607
Illuminating divergence in perceptions in natural resource management: A case for the investigation of the heterogeneity in mental models
Karlijn van den Broek
Much research has been dedicated to map mental models of natural resources to aid effective management of the natural resource. The variety of approaches result in a variety of outputs, but most research in this domain reports mental models that have been aggregated across participants. This results in a misrepresentation of mental models as it overlooks valuable variance in understanding between individuals that could be key in effective decision-making. This paper illustrates such variance in mental models through a case study that explored mental models of the Nile perch fisheries at Lake Victoria. ... (more)
JDDM doi: 10.11588/jddm.2018.1.51316
Gentrit Berisha, Justina Shiroka Pula, Besnik Krasniqi
Decision making research has witnessed a growing number of studies on individual differences and decision making styles, yet the lack of comprehensive frameworks and widely accepted measures has hindered research for a long time. There is an ongoing debate on whether individuals’ styles dynamically change across time and situations according to circumstances. Furthermore, it is an open question whether these styles are mutually exclusive. Decision style measures seek to determine one's dominant style as well as less used styles. To our knowledge this is the first study of the convergent validity of two widely used decision making style measures: The Decision Style Inventory (DSI) and the General Decision Making Style (GDMS). ... (more)
JDDM doi: 10.11588/jddm.2018.1.43102
 

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