Refining the measurement of maximization: Gender invariance and relation to psychological well-being

Richardson, Clarissa M. E.; Ye, Huan Jacqueline; Ege, Engin; Suh, Hanna; Rice, Kenneth G.

doi:10.1016/j.paid.2014.06.048

Cited by 25 publications

(25 citation statements)

References 21 publications

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“…Nenkov et al (2008) believe that the inadaptability of the maximizing tendency may be caused by the tendency to "seeking out and comparing among alternatives" and "experiencing decision difficulty", while the "having high standards" factor may be positive. Richardson et al (2014) and Misuraca et al (2015) studied the relationship between each factor of maximizing tendency and positive or negative emotion indicators, and the results also maintained certain consistency with the aforementioned researches. It is worth mentioning that there are researchers who have doubts about the proposition that "maximizers are less happy".…”

Section: The Maximization Paradoxsupporting

confidence: 58%

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A Study on Maximization Paradox and Its Psychological Origin

Ding¹,

Li²

2018

PSYCH

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Compared with satisficers, maximizers intend to pursue optimal results, leading to more negative emotions and worse experience. Even when they do get a better result, they are still less satisfied. We call it "maximization paradox". Theoretically, the purpose of this study is to enrich and deepen research in fields of the maximization paradox and its psychological origin. What's more, we intend to provide feasible advice for corporations and the government on the basis of our findings. By reviewing existing literatures, we find that the psychological origin of this paradox includes three aspects: the uncertainty of their optimal standards, their behavioral strategies to search and compare excessively, and more cognitive biases such as expectation biases and focusing biases. These conclusions help us to better understand the maximizing tendency and make relevant suggestions for decision-makers.

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Section: The Maximization Paradoxsupporting

confidence: 58%

“…The fearful optimization tendency mainly reflects the "experiencing decision difficulty" dimension. Besides, there are MS-R (Refined Maximization Scale) proposed by Richardson, Ye, Ege, Suh and Rice (2014). The "wanting the best" factor is similar to the "high standard" factor in the aforementioned scale.…”

Section: Introductionmentioning

confidence: 99%

A Study on Maximization Paradox and Its Psychological Origin

Ding¹,

Li²

2018

PSYCH

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“…Among all possible subgroup classifications, gender invariance is recognized as fundamental for measurements in various domains (Atienza, Balaguer, & Garcia-Merita, 2003;Byrne, Baron, & Campbell, 1993;Cheng & Watkins, 2000;Richardson, Huan, Ege, Suh, & Rice, 2014;Rusticus & Hubley, 2006). For data from males and females are usually combined when substantive applied studies of the Wechsler intelligence scales are conducted empirically, gender invariance certainly is an essential issue pertaining to WISC-V.…”

Section: Introductionmentioning

confidence: 99%

Factor invariance between genders on the Wechsler Intelligence Scale for Children–Fifth Edition

Chen

Zhang

Raiford

et al. 2015

Personality and Individual Differences

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“…Refined MS Richardson et al (2014) Want the best is positively correlated with happiness and life satisfaction, whereas it is negatively correlated with depression. Regret is positively associated with depression and negatively related with happiness and life satisfaction.…”

Section: Scalesmentioning

confidence: 91%

“…Although so much methodological research over the past 9 years (Nenkov et al, 2008, Diab et al, 2008, Lai, 2010, Rim et al, 2011, Turner et al, 2012, Weinhardt et al, 2012, Richardson et al, 2014, Dalal et al, 2015 has clearly demonstrated that the original MS (Schwartz et al, 2002) is not adequate to measure the maximizing tendency and that other scales have better psychometric properties than the MS, the original 13 item MS for their investigations continues to be utilized heavily and even appears in the most recent publications. Newman et al (2017).…”

Section: A "First Scale Published" Bias?mentioning

confidence: 99%

Maximizing versus satisficing in the digital age: Disjoint scales and the case for “construct consensus”

Misuraca

Fasolo

2018

Personality and Individual Differences

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A question facing us today, in the new and rapidly evolving digital age, is whether searching for the best optionbeing a maximizerleads to greater happiness and better outcomes than settling on the first good enough option foundor "satisficing." Answers to this question inform behavioural insights to improve well-being and decision-making in policy and organizational settings. Yet, the answers to this fundamental question of measurement of the happiness of a maximizer versus a satisficer in the current psychological literature are: 1) conflicting; 2) anchored on the use of the first scale published to measure maximization as an individual-difference, and 3) unable to describe the search behaviour of decision makers navigating the digital world with tools of the 21 st century-apps, smartphones or tablets, and most often all of them. We present, based on a review and analysis of the literature and scales, a call to stop the development of more maximization scales. Furthermore, we articulate the argument for a re-definition of maximizing that balances the face validity of the construct and the relevance to decision making in an age of digital tools so that future scales are useful for future choice architects and researchers.

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Refining the measurement of maximization: Gender invariance and relation to psychological well-being

Cited by 25 publications

References 21 publications

A Study on Maximization Paradox and Its Psychological Origin

A Study on Maximization Paradox and Its Psychological Origin

Factor invariance between genders on the Wechsler Intelligence Scale for Children–Fifth Edition

Maximizing versus satisficing in the digital age: Disjoint scales and the case for “construct consensus”

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