ĎURINÍK, Michal, Jakub PROCHÁZKA and Hynek CÍGLER. The Short Maximization Inventory. Judgment and Decision Making. Tallahassee (FL, USA): Society for Judgment and Decision Making, 2018, vol. 13, No 1, p. 123-136. ISSN 1930-2975.
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Basic information
Original name The Short Maximization Inventory
Authors ĎURINÍK, Michal (703 Slovakia, belonging to the institution), Jakub PROCHÁZKA (203 Czech Republic, guarantor, belonging to the institution) and Hynek CÍGLER (203 Czech Republic, belonging to the institution).
Edition Judgment and Decision Making, Tallahassee (FL, USA), Society for Judgment and Decision Making, 2018, 1930-2975.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50204 Business and management
Country of publisher United States of America
Confidentiality degree is not subject to a state or trade secret
WWW full-text (online)
Impact factor Impact factor: 2.253
RIV identification code RIV/00216224:14560/18:00102240
Organization unit Faculty of Economics and Administration
UT WoS 000423735500010
Keywords in English maximization; Maximization Inventory; scale shortening; Short Maximization Inventory
Tags behavioral economics, maximization, Maximization Inventory
Tags International impact, Reviewed
Changed by Changed by: Mgr. Daniela Marcollová, učo 111148. Changed: 4. 4. 2019 13:51.
Abstract
We developed the Short Maximization Inventory (SMI) by shortening the M aximization Inventory (Turner, Rim, Betz & Nygren, 2012) from 34 items to 15 items. Using the Item Response Theory framework, we identified and removed the items of the Maximization Inventory that contributed least to the performance of the original scale. The construct validity assessed for SMI is similar to the full MI and is in line with the predictions from the literature: the Satisficing subscale is positively related to the indices of well-being, while the Decision Difficulty and Alternative Search subscales are negatively related to well-being. The new scale retains the good psychometric properties of the original scale. Furthermore, its brevity allows researchers to use the scale in studies in which maximization is not the primary focus. Although the SMI lacks the “High Standards” subscale, as did the original MI, we believe that SMI is a step towards developing a reliable and conceptually sound measure of maximizing that can be used in various research designs.
Links
MUNI/A/1021/2015, internal MU codeName: Behaviorálně ekonomické experimenty v marketingu a managementu
Investor: Masaryk University, Grant Agency of Masaryk University, Category A
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  • a concrete person Mgr. Hynek Cígler, Ph.D., učo 175803
  • a concrete person Ing. Bc. Michal Ďuriník, Ph.D., učo 206408
  • a concrete person doc. Ing. Mgr. Jakub Procházka, Ph.D., učo 99533
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