Premium
Me or information technology? Adoption of artificial intelligence in the delegation of personal strategic decisions
Author(s) -
Schneider Sabrina,
Leyer Michael
Publication year - 2019
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.2982
Subject(s) - delegate , delegation , situational ethics , perception , cognition , knowledge management , relevance (law) , cognitive complexity , marketing , psychology , business , computer science , economics , social psychology , management , political science , neuroscience , law , programming language
Artificial intelligence is revolutionizing the way we do business. Whereas both the adoption of technological innovations and strategic decision making have been subject to prior research, this experimental study is first to combine both. To understand the impact of choice complexity and cognitive perceptions on the willingness to delegate a strategic decision to an algorithm, we conducted an experiment with 310 participants. We find that although choice complexity has no effect, participants with low levels of situational awareness are more likely to delegate. The findings augment research on choice complexity in decision making by emphasizing the relevance of cognitive perceptions.