People do not always act rationally. When making decisions, people employ ‘rules of thumb’ (heuristics) that sometimes lead to biases that may seem as irrational. As an example, the “action-effect” by Nobel prize winning Kahneman and Tversky (1982) describes a phenomenon in which people tend to regret negative outcomes more when they are a result of action (acting) compared to inaction (not acting) (more details in this publication about the action-effect) . This is an exciting and prolific area of research with many interesting findings highlighting the bounded rationality of the human mind with fairly strong and consistent effects.
In the last few years psychology has been facing new challenges with failed replications for classic findings (sometimes referred to as the “replication crisis”) raising the need for both more replication work and meta-analytic summaries of the existing literature and data.
Internship will be focused on conducting “Registered Replication Report” of classic experiments on heuristics and biases in judgment and decision making. All work will adhere to the principles of open-science, sharing all materials, data, code, and decision criteria.
You will focus on one specific bias and aim to replicate several classic experiments of that bias. The experiments will be conducted online using Amazon Mechanical Turk labor market.
When you contact me please:
- Indicate your familiarity with open-science, replications, and pre-registration procedures (0 – none; 10 – expert).
- Rate your general familiarity with heuristics and biases (0 – none; 10 – expert).
- Browse the list of biases and select atleast two that you’re interested in : https://en.wikipedia.org/wiki/List_of_cognitive_biases , explain in one sentence why those are of interest to you.
- Briefly go over my publications list: http://mgto.org/publications/ and check that you find my research and methods a good fit for you.
- Indicate that you understand and accept to the goal of turning the internship outputs to a high-quality top-tier journal article submission.
Examples for previous related work conducted under my supervision can be found on the “Working papers” section with examples on the exceptionality effect, omission bias, mere ownership effect, and the status quo bias.