The mediational role of strategy in the relationship between self-efficacy
and performance on complex tasks is analysed. Within an individual's multid
imensional self-efficacy belief system, perceived capabilities for conducti
ng searches in different modalities and for the processing of information,
including the use of tools to overcome cognitive limits, are predicted to h
ave differential impacts on the use of judgmental heuristics and biases and
the choice of strategies. Search efficacy is predicted to differ across se
arch modalities, such as experimentation, interpersonal questioning, electr
onic search and passive study, as a function of differences in personal and
situational determinants.
Processing efficacy is predicted to generalise across a much wider range of
cognitive tasks, depending upon perceived similarities in the content of t
asks (e.g. verbal versus quantitative) and the tools used. Low search effic
acy is predicted to lead to greater use of the availability heuristic, whil
e low processing efficacy is predicted to lead to greater use of the anchor
ing and adjustment and representativeness heuristics. Choices of specific s
trategies are predicted from different combinations of weak and strong effi
cacy beliefs for exploratory search and deliberative processing.