ICPS
2021 APS Virtual Convention · 2021
The Steeper the Curve, the Longer People Delay: Effect of Exponential Information on Decision Making
Authors
- Daniel SazhinPresenting Author
Temple University - Chelsea Helion
Temple University - David Smith
Temple University
Abstract
Why did it take so long for leaders to shut down the economy in response to COVID-19? We found that people respond sub-optimally to exponential information and that the steeper the function, the longer they delay making their decision.
Decision Making
