Knowledge@Wharton: Could you give us a brief summary of this research? This paper is a follow-up to something you had done recently.
Joseph Simmons: We’re studying a phenomenon called “algorithm aversion,” which is the tendency for people to not want to follow specific evidence-based rules when they make decisions, even though a lot of the research shows that’s exactly the way you should be making judgments and forecasts. A lot of people just want to rely on their gut or go by the seat of their pants. They don’t want to rely on consistent, evidence-based rules — and they should.
