Article1992

Quality and quantity goals in a complex decision task: Strategies and outcomes.

90 citations0/0 files storedJournal of Applied Psychology

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Decision-Making and Behavioral Economics Financial Markets and Investment Strategies Information Retrieval and Search Behavior

Abstract

Issues related to quality goals, quantity goals, and strategy development were examined in a complex decision task. 160 undergraduates used a computer program to select stocks for investments. Manipulated variables included task difficulty, quantity-goal difficulty, and quality-goal difficulty. Differences among participants'information-search strategies were identified and analyzed. A quantity-goal effect on performance quantity, a 3-way interaction on performance quality, and a number of effects for search-strategy variables were found. Implications and future research directions are presented and discussed

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2015Engineering Psychology and Human Performance 1991A Theory of Goal Setting and Task PerformanceA Theory of Goal Setting and Task Performance, by LockeEdwin A. and LathamGary P.. Englewood Cliffs, NJ: Prentice-Hall, 1990.1990A theory of goal setting & task performance 1976Task complexity and contingent processing in decision making: An information search and protocol analysis 1988Adaptive strategy selection in decision making.1982Contingent decision behavior.1987Task complexity as a moderator of goal effects: A meta-analysis.1989Process tracing methods: Contributions, problems, and neglected research questions

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