Decision-making competence in everyday life: The roles of general cognitive styles,decision-making styles and personality |
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Authors: | Chris Dewberry Marie Juanchich Sunitha Narendran |
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Institution: | 1. Birkbeck, University of London, Malet Street, London WC1E 7HX, UK;2. Kingston Business School, Kingston University London, Kingston Hill KT2 7LB, UK |
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Abstract: | Research indicates that decision-making competence in everyday life is associated with certain decision-making styles. The aims of this article are to extend this research by examining (a) the extent to which general cognitive styles explain variance in decision-making competence over and above decision-making styles, and (b) the extent to which personality explains variance in decision-making competence over and above both types of style variable. Participants (N = 355) completed measures of everyday decision-making competence (Decision Outcomes Inventory), decision styles (Decision Style Questionnaire; Maximization Inventory), cognitive styles (the Cognitive Styles Inventory; Rational-Experience Inventory), and the Big Five personality variables (IPIP Big-Five factor scales). The results indicate that cognitive styles offer no incremental validity over decision-making styles in predicting decision-making competence, but that personality does offer substantial incremental validity over general cognitive styles and decision-making styles. Jointly decision-making styles and personality account for a substantial amount of variance in everyday decision-making competence. |
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Keywords: | Competent decisions Cognitive styles Decision-making styles Personality |
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