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The Foreign Language Effect and Decision Making: Potential Impact on Data Gathered on Crowdsourcing Platforms
Abstract
In this paper, issues connected with conducting research on crowdsourcing platforms which are specific types of research panels are described. The focus lays on advantages and disadvantages of mentioned platforms and revealing how to mitigate the impact of disadvantages on collected data. Moreover, the article depicts the influence of the foreign language effect (reduced presence of heuristic biases in the decision-making process when decision is made in the foreign language compared to the native language) on decision-making, which may be one of the threats connected with conducting experiments on crowdsourcing platforms. The last section is a description of author’s own study in domain of investment decisions. Results reveal that processing in a foreign language influences the decision. Namely, participants in a foreign language condition were not influenced by the status quo effect.
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DOI: http://dx.doi.org/10.17951/h.2016.50.3.151
Date of publication: 2016-09-20 17:44:04
Date of submission: 2016-04-19 01:16:45
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