This paper reviews the advice-giving and advice-taking literature. First, the central findings
from this literature are catalogued. Topics include: advice utilization, confidence, decision …

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Even though computational algorithms often outperform human judgment, received wisdom
suggests that people may be skeptical of relying on them (Dawes, 1979). Counter to this …

How do economic actors in complex business-to-business (B2B) service systems co-create
value when resource exchange is contingent on available and accessible Information and …

Forecasting advice from human advisors is often utilized more than advice from automation.
There is little understanding of why “algorithm aversion” occurs, or specific conditions that …

The degree to which people take advice, and the factors that influence advice-taking, are of
broad interest to laypersons, professionals, and policy-makers. This meta-analysis on 346 …

Four experiments test the prediction that feelings of power lead individuals to discount
advice received from both experts and novices. Experiment 1 documents a negative …

Across 8 experiments, the influence of anxiety on advice seeking and advice taking is
described. Anxious individuals are found to be more likely to seek and rely on advice than …

Although individuals can derive substantial benefits from exchanging information and ideas,
many individuals are reluctant to seek advice from others. We find that people are reticent to …

Decision makers and forecasters often receive advice from different sources including
human experts and statistical methods. This research examines, in the context of stock price …