Factors driving memory fallibility: A conceptual framework for accounting and finance studies

Research output: Contribution to journalArticleResearchpeer-review

Abstract

The purpose of this paper is twofold. First, it identifies the theoretical and methodological strengths and limitations of the previous literature on the effect of memory on judgements and decision-making in an accounting and finance context. Second, it proposes a framework that integrates memory functions with factors that may cause biases and errors in judgement and decision-making processes. This framework may be useful for future accounting and finance research aiming to reveal the fundamental causes for cognitive biases and errors in information processing, rather than considering the human brain as ‘black box’.

LanguageEnglish
Pages14-22
Number of pages9
JournalJournal of Behavioral and Experimental Finance
Volume14
DOIs
Publication statusPublished - 1 Jun 2017

Fingerprint

Conceptual framework
Factors
Judgment and decision making
Finance
Decision-making process
Information processing
Cognitive bias
Black box

Keywords

  • Accounting
  • Cognitive processes
  • Conceptual framework
  • Finance
  • Memory

Cite this

@article{319c5f551bb6454381dbaefd1ef81fe4,
title = "Factors driving memory fallibility: A conceptual framework for accounting and finance studies",
abstract = "The purpose of this paper is twofold. First, it identifies the theoretical and methodological strengths and limitations of the previous literature on the effect of memory on judgements and decision-making in an accounting and finance context. Second, it proposes a framework that integrates memory functions with factors that may cause biases and errors in judgement and decision-making processes. This framework may be useful for future accounting and finance research aiming to reveal the fundamental causes for cognitive biases and errors in information processing, rather than considering the human brain as ‘black box’.",
keywords = "Accounting, Cognitive processes, Conceptual framework, Finance, Memory",
author = "Yike Ding and Andreas Hellmann and {De Mello}, Lurion",
year = "2017",
month = "6",
day = "1",
doi = "10.1016/j.jbef.2017.03.003",
language = "English",
volume = "14",
pages = "14--22",
journal = "Journal of Behavioral and Experimental Finance",
issn = "2214-6350",
publisher = "Elsevier",

}

Factors driving memory fallibility : A conceptual framework for accounting and finance studies. / Ding, Yike; Hellmann, Andreas; De Mello, Lurion.

In: Journal of Behavioral and Experimental Finance, Vol. 14, 01.06.2017, p. 14-22.

Research output: Contribution to journalArticleResearchpeer-review

TY - JOUR

T1 - Factors driving memory fallibility

T2 - Journal of Behavioral and Experimental Finance

AU - Ding, Yike

AU - Hellmann, Andreas

AU - De Mello, Lurion

PY - 2017/6/1

Y1 - 2017/6/1

N2 - The purpose of this paper is twofold. First, it identifies the theoretical and methodological strengths and limitations of the previous literature on the effect of memory on judgements and decision-making in an accounting and finance context. Second, it proposes a framework that integrates memory functions with factors that may cause biases and errors in judgement and decision-making processes. This framework may be useful for future accounting and finance research aiming to reveal the fundamental causes for cognitive biases and errors in information processing, rather than considering the human brain as ‘black box’.

AB - The purpose of this paper is twofold. First, it identifies the theoretical and methodological strengths and limitations of the previous literature on the effect of memory on judgements and decision-making in an accounting and finance context. Second, it proposes a framework that integrates memory functions with factors that may cause biases and errors in judgement and decision-making processes. This framework may be useful for future accounting and finance research aiming to reveal the fundamental causes for cognitive biases and errors in information processing, rather than considering the human brain as ‘black box’.

KW - Accounting

KW - Cognitive processes

KW - Conceptual framework

KW - Finance

KW - Memory

UR - http://www.scopus.com/inward/record.url?scp=85017535990&partnerID=8YFLogxK

U2 - 10.1016/j.jbef.2017.03.003

DO - 10.1016/j.jbef.2017.03.003

M3 - Article

VL - 14

SP - 14

EP - 22

JO - Journal of Behavioral and Experimental Finance

JF - Journal of Behavioral and Experimental Finance

SN - 2214-6350

ER -