Test kognitivne refleksije kao prediktor podložnosti pristranostima prilikom donošenja odluka

Abstract

Behavioural economics is a relatively new branch of economics that uses knowledge of psychology to explain human economic behaviour. This paper provides a brief overview of the relationship between the results from The Cognitive Reflection Test (CRT) and biases in decision making under uncertainty. According to the CRT results, people can be characterised as impulsive or reflexive, and this has proved to be a crucial variable in decision making. This paper focuses on the heuristics of representativeness, anchoring and time and risk preferences. It has generally been shown that reflexive individuals are less susceptible to biases than intuitive individuals, but the findings are not robust, so they do require further research.