The Impact of Information Sequencing on Decision-Making: Cognitive Biases in the ELICIT Simulation Model

The article examines how the sequence and type of information influence decision-making processes in teams working within agile frameworks. Based on an adapted ELICIT model, an experiment was conducted involving 14 graduate students who were tasked with developing a marketing strategy for a mobile application. All teams received the same amount of information; the only difference was the order in which it was provided. The results showed that early exposure to irrelevant information contributed to the emergence of cognitive biases such as anchoring and inertia, while a balanced distribution of relevant inputs reduced their impact. The findings highlight the importance of considering the influence of cognitive biases in project teams, especially within agile project management frameworks.