The dangers of decision fatigue
Taking a break can boost productivity | Business
Source: economist.com
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Loan applications processed around midday more likely to be rejected
Loan applications processed around midday more likely to be rejected ANI | Updated: May 06, 2021 20:00 IST Washington [US], May 6 (ANI): According to a new study, bank credit officers are more likely to approve loan applications earlier and later in the day, while 'decision fatigue' around midday is associated with defaulting to the safer option of saying no. These are the findings of a study by researchers in Cambridge's Department of Psychology, published today in the journal Royal Society Open Science. Decision fatigue is the tiredness caused by having...
Source: aninews.in
Psychology: Loan applications processed around 12pm are more likely to be rejected. study finds
Psychologists studied the decisions made on 26,501 loan applications by a major bank's team of 30 credit officers over the course of one month.
Source: dailymail.co.uk
Loan applications processed around lunchtime 'more likely to be rejected'
Loan applications processed around lunchtime 'more likely to be rejected' Researchers found that bank officers with "decision fatigue" before lunch are more likely to say no Updated Decision fatigue is the tiredness caused by having to make difficult decisions over a long period (Image: Shared Content Unit) There are always big stories on WalesOnline - don't miss any with our daily emailInvalid EmailSomething went wrong, please try again later. Sign me up now When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance w...
Source: walesonline.co.uk
Loan applications processed around midday more likely to be rejected
E-Mail Bank credit officers are more likely to approve loan applications earlier and later in the day, while 'decision fatigue' around midday is associated with defaulting to the safer option of saying no. These are the findings of a study by researchers in Cambridge's Department of Psychology, published today in the journal Royal Society Open Science. Decision fatigue is the tiredness caused by having to make difficult decisions over a long period. Previous studies have shown that people suffering from decision fatigue tend to fall back on the 'default decision': choosing whatever optio...
Source: eurekalert.org