Applied Cognitive Psychology · 2003 · 20 citations · 69 references
Social SciencesMedical EducationPsychologyDecision TheoryExperimental PsychologyStatisticsInferential StatisticsPerceived ProbabilityProbability CalibrationResponse BiasSelection BiasStatistical InferenceBase Rate EffectsBase Rate EstimationBase Rate ReasoningCalibration EstimationGraphical ModelsProbability Estimation BiasProbability Miscalibration
Abstract Medical students estimated probabilities that medical school applicants selected randomly from a defined population would be offered a place on the basis of information about eight characteristics of each one. Estimates were biased in favour of acceptance and this was unaffected by mere provision of base rate information. However, a first experiment showed that provision of this information reduced miscalibration after each candidate had been discussed within small groups of participants. A second experiment showed beneficial effects of providing people with the range of probability responses derived from a statistical model of how candidates' characteristics influenced whether or not they were offered a place. Numerical and graphical representations of this information both improved calibration but did so by having different effects on the distribution of participants' probability responses. Copyright © 2003 John Wiley & Sons, Ltd.
69
Judgment under Uncertainty: Heuristics and Biases
Amos Tversky, Daniel Kahneman · Science · 1974 · 28K citations
Judgment under Uncertainty: Heuristics and Biases
Amos Tversky, Daniel Kahneman · 1975 · 23.1K citations
VERIFICATION OF FORECASTS EXPRESSED IN TERMS OF PROBABILITY
Glenn W. Brier · Monthly Weather Review · 1950 · 5.3K citations
Business, Mathematics, Meteorology +10