Reid Hastie

About

Reid Hastie studies judgment and decision making in various contexts including managerial, legal, medical, engineering, and personal decisions. He is best known for his research on legal decision making and is currently studying the role of causal reasoning in judgments of all kinds and the wisdom of crowds in collective decisions. He has authored a textbook, Rational Choice in an Uncertain World: The Psychology of Judgment and Decision Making, in collaboration with Robyn Dawes of Carnegie Mellon University, and a popular book on collective intelligence, Wiser: Getting Beyond Groupthink to Make Groups Smarter, with Cass Sunstein. He is involved with the Center for Decision Research at Chicago Booth.

Research topics

• Psychology
• Social Science
• Social psychology
• Political Science
• Economics
• Sociology
• Computer Science
• Electrical engineering
• Econometrics
• Cartography

Selected publications

• Schematic Principles in Human Memory

  Routledge eBooks · 2022 · 86 citations

  1st authorCorresponding

  This chapter reviews of empirical studies of learning, memory, and social judgment that are concerned with the effects of cognitive schemata or expectancies on memory for specific events. It provides a framework in which questions about schema relevance and memorability can be clearly stated. The chapter reviews some of the major experimental approaches to the issue and summarizes the conceptual tools, available in current theories of memory. Recent research on human memory has departed from the…

  PublisherDOI

• The Preference for Moderation Scale

  Journal of Consumer Research · 2020 · 11 citations

  Senior authorCorresponding

  Abstract We propose that individual differences in the value placed on the principle of moderation exist and influence many aspects of consumer decision-making. The idea that moderation is an important guiding norm of human behavior is prevalent throughout history and an explicit theme in many philosophies, religions, and cultures. Yet, moderation has not been studied as an individual-level determinant of consumer behavior. We develop a scale that measures the degree to which individuals have a…

  PublisherDOI

• Predicting Outcomes in a Sequence of Binary Events: Belief Updating and Gambler's Fallacy Reasoning

  Cognitive Science · 2023-01-01 · 9 citations

  reviewOpen accessSenior author

  Beliefs like the Gambler's Fallacy and the Hot Hand have interested cognitive scientists, economists, and philosophers for centuries. We propose that these judgment patterns arise from the observer's mental models of the sequence-generating mechanism, moderated by the strength of belief in an a priori base rate. In six behavioral experiments, participants observed one of three mechanisms generating sequences of eight binary events: a random mechanical device, an intentional goal-directed actor,…

  PublisherOA PDFDOI

• Navigating choices: a framework of consumer search

  Marketing Letters · 2024-08-24 · 4 citations

  articleSenior author
  PublisherDOI

• The Differential Effects of Causes on Categorization and Similarity

  2022-05-10 · 1 citations

  book-chapterOpen accessSenior author

  Does categorization involve more than the similarity of an item to a category prototype or other category members? Rips (1989) argues yes, because categorization and similarity ratings sometimes diverge, indicating that they are based on different factors. However, Smith and Sloman (1994) suggest that such categorization/similarity dissociations may be limited to special conditions. We examined the effect of causal relationships between category attributes on categorization and similarity, and f…

  PublisherOA PDFDOI

Recent grants

• NIH Grant R01MH058362

  NIH · $122k · 2003

• NIH Grant T32MH015786

  NIH · $125k · 1987

Frequent coauthors

• Nancy Pennington

  31 shared

• David Schkade

  University of California, San Diego

  13 shared

• Tatsuya Kameda

  Meiji Gakuin University

  12 shared

• Steven Penrod

  John Jay College of Criminal Justice

  12 shared

• Cass R. Sunstein

  11 shared

• Alan G. Sanfey

  Radboud University Nijmegen

  11 shared

• David A. Schum

  10 shared

• John W. Payne

  9 shared

Education

• B.A.

  Stanford University

  1968

• M.S.

  University of California at San Diego

  1970

• Ph.D.

  Yale University

  1973

Awards & honors

• Distinguished Service Professor of Behavioral Science

Similar researchers at University of Chicago

• Nicholas Epleyh-62
• Ayelet Fishbachh-60
• Alex Kochh-27