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What does it mean to maximize? “Decision difficulty,” indecisiveness, and the jingle-jangle fallacies in the measurement of maximizing

Published online by Cambridge University Press:  01 January 2023

Nathan N. Cheek*
Affiliation:
Princeton University.
Jacob Goebel
Affiliation:
Princeton University.
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Abstract

For two decades, researchers have investigated the correlates and consequences of individual differences in maximizing, the tendency to pursue the goal of making the best possible choice by extensively seeking out and comparing alternatives. In this time, many different conceptualizations of maximizing have been proposed, including several that incorporate a construct called “decision difficulty.” We propose that including decision difficulty in measures of maximizing is problematic because the tendency to experience difficulty when making decisions is a separate individual difference construct already studied independently of maximizing — namely, indecisiveness. Across two studies (total N = 639), we find that scales measuring decision difficulty and indecisiveness are strongly correlated (r’s ≥ .85), load on the same component in a principal component analysis, and show a very similar pattern of correlations with related variables. Moreover, decision difficulty and indecisiveness scales both show a divergent pattern of correlations when compared to measures of maximizing. We argue that decision difficulty scales are best interpreted as tapping the same underlying tendency as indecisiveness scales, and conclude that the tendency to experience difficulty in decision making is best conceptualized not as a component of maximizing, but rather a cause or consequence of it.

Information

Type
Research Article
Creative Commons
Creative Common License - CCCreative Common License - BY
The authors license this article under the terms of the Creative Commons Attribution 3.0 License.
Copyright
Copyright © The Authors [2020] This is an Open Access article, distributed under the terms of the Creative Commons Attribution license (http://creativecommons.org/licenses/by/3.0/), which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited.
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Table 1: Summary of constructs in maximizing definitions and scales. X’s indicate the presence — whether explicit or implicit — of a particular construct in a given definition/operationalization

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Table 2: Comparison of Decision Difficulty and Indecisiveness Scale Items

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Table 3: Correlations among variables from Study 1

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Table 4: Principal component analysis with only MI-DD and IS items from Study 1. Loadings above .35 are bolded. (R) indicates a reverse-coded item

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Table 5: Correlations among variables from Study 2

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Table 6: Correlations between decision difficulty, indecisiveness, and experienced difficulty

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Appendix Table A1: Principal component analysis with all measures from Study 1. Loadings above .35 are bolded. (R) indicates a reverse-coded item

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Appendix Table A2: Study 1 principal component analysis with 2 components rotated

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Appendix Table A3: Study 1 principal component analysis with 4 components rotated

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