Behavioral economics in information systems research: Critical analysis and research strategies

Arnott, David; Gao, Shijia

doi:10.1177/02683962211016000

Cited by 13 publications

(7 citation statements)

References 222 publications

(112 reference statements)

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“…With the development of the Internet, the accounting information management system has a high degree of automation in information processing and effectively realizes resource sharing. rough the system, relevant systems inside and outside the enterprise can exchange real-time data and obtain information from each other [13].…”

Section: Advantages Of Accounting Information Management Systemmentioning

confidence: 99%

Informatization of Accounting System of Electric Power Enterprises Based on Sensor Monitoring and Cloud Computing

Tie

2022

International Transactions on Electrical Energy Systems

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In order to promote, restrict, regulate, and balance the accounting work of electric power enterprises, the author proposes an electric power enterprise accounting system based on sensor monitoring and cloud computing. Through the method of integrating information technology on the basis of accounting computerization, through a sensor and modular design analysis, an accounting information management system model is formed. The accounting information management system based on cloud computing combines accounting and management functions. The system test results show that the accounting information management system is in a state of 480 concurrent users, the average response time of a data query is 4.3 seconds, and the average response time of a data access is 5.1 seconds. The average value of the execution data scale per second is 103.52. Conclusion. In order to further improve the accounting software of electric power enterprises, develop management accounting software, and effectively perform the functions of management accounting.

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Section: Advantages Of Accounting Information Management Systemmentioning

confidence: 99%

Informatization of Accounting System of Electric Power Enterprises Based on Sensor Monitoring and Cloud Computing

Tie

2022

International Transactions on Electrical Energy Systems

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“…Since its inception, the study of information systems has relied heavily on theories of decision-making, as much of the field deals with data analysis and processing for the JICES 21,3 purpose of making better choices (Arnott and Gao, 2022). The dual-process theory of decision cognition considers the BE perspective present in the privacy calculus and can explain why people make decisions in a certain way (Kehr et al, 2015).…”

Section: Thinking Preferencesmentioning

confidence: 99%

“…The dual-process theory of decision cognition considers the BE perspective present in the privacy calculus and can explain why people make decisions in a certain way (Kehr et al , 2015). In their review article, Arnott and Gao (2022) find that despite requests for further use of BE in information management research, it appears that scholars have been sluggish to embrace the field’s most prominent theory of decision-making, the dual-process theory as a point of reference. Dual-process theory (Epstein, 1994; Sloman, 1996; Stanovic and West, 2000; Kahneman, 2011) holds that there are two types of cognitive processes underlying our judgments, decisions and problem solving.…”

Section: The Information Privacy Calculus At the Workplacementioning

confidence: 99%

“…Cognitive factors feature in research on computers in human behavior, but it is usually not taking account of the full breadth of behavioral economics (BE) research (Arnott and Gao, 2022), which is heavily influenced by cognitive psychology. Rational thinking processes often feature as the focal point of studies of self-disclosure-related decision-making.…”

Section: Introductionmentioning

confidence: 99%

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Credibility and trust of information privacy at the workplace in Slovakia. The use of intuition

Svenson

Mikušková

Launer

2023

JICES

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Purpose Employees may feel overwhelmed with information privacy choices and have difficulties understanding what they are committing to in the digital workplace. This paper aims to analyze the role of different thinking styles for effort reduction, such as the use of intuition, when employees make decisions about the credibility and trustworthiness of workplace information privacy issues in Slovakia. While the General Data Protection Regulation sets precise requirements for valid consent, organizations are classified as data controllers and are subject to credibility judgments by their employees. Design/methodology/approach Data was collected from 230 employees in Slovakia using a survey questionnaire. Quantitative analysis using SPSS was conducted to describe employees thinking preferences when judging the credibility of information privacy in their organizations. Findings The survey participants revealed their perceived credibility and trust in personal data protection and thinking preferences. Unconscious thinking is the type of effort reduction often reported by participants, who perceive high credibility and trust in personal data protection. This study can help managers and data controllers in small- and medium-sized enterprises in reflecting about the way in which people use different thinking processes for decision-making about information privacy in their organizations. Research limitations/implications This study set out to explore how decision-making processes at the workplace relate to credibility of data practices. Focusing on the use of different types of intuition, the authors explored whether the preference for a specific decision-making style can explain the perceived credibility of data practices. The part of the workforce in the sample did not have a strict predisposition to use either intuitive or rational thinking. Practical implications The contribution provides scholars with an overview of the field of intuition, a field that is likely to grow given the challenges of digitalization for organizations, such as shitstorms, cyberattacks and whistleblowing. Originality/value The most well-known concepts from intuition research, e.g. the dual process theory, and practice are tested simultaneously, therewith contributing to the applied literature on domain-specific preferences for intuition and deliberation in decision-making.

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“…Behavioral economics [60][61][62] offers alternative, more realistic views on individual behavior. As a subfield of economics, behavioral economics focuses on the psychological, social, and emotional factors that influence people's decision-making processes.…”

Section: Humans and Bounded Rationalitymentioning

confidence: 99%

On the Reality of Signaling in Auctions

Levi

Alkoby

2022

Information

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Over the last two decades, auctions have become an integral part of e-commerce and a promising field for applying artificial intelligence technologies. The use of signals has been studied extensively in the existing auction literature. Specifically, it has been shown that when an external strategic entity (such as an information broker) is present, it can be beneficial to use signaling as a preliminary step before offering to sell information. However, these results apply only in cases where all auction participants are completely rational agents. However, in many real-life scenarios some of the participants are humans, and hence are easily affected by external factors, i.e., their rationality is bounded. In this paper, we offer a thorough investigation of a case in which the prospective information buyer is a human auctioneer. Using a set of MTurk-based experiments with people, we tested 10,000 independent auctions with diverse characteristics, and were able to identify a varied set of practical insights regarding human behavior. Real-life strategic information brokers could potentially use these insights to achieve a better understanding of how humans operate, paving the way for optimizing the benefit obtainable from the information they own.

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Behavioral economics in information systems research: Critical analysis and research strategies

Cited by 13 publications

References 222 publications

Informatization of Accounting System of Electric Power Enterprises Based on Sensor Monitoring and Cloud Computing

Informatization of Accounting System of Electric Power Enterprises Based on Sensor Monitoring and Cloud Computing

Credibility and trust of information privacy at the workplace in Slovakia. The use of intuition

On the Reality of Signaling in Auctions

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