Philosophical Psychology · 2017 · 60 citations · 43 references
Social SciencesPsychologySocial PsychologyBehavioral EconomicsDecision TheoryExperimental PsychologyBehavioral Decision-makingBiasChoice Under UncertaintyProbability JudgmentProspect TheorySocial JudgmentAnchoringAnchoring Effects In ValuationAnchoring StrategyLay ExpertiseLottery ChoiceStatistical Evidence TestimonySubjective Probability Judgments
In this paper, we present the results of two surveys that investigate subjects’ judgments about what can be known or justifiably believed about lottery out- comes on the basis of statistical evidence, testimonial evidence, and ‘mixed’ evidence, while considering possible anchoring and priming effects. We dis- cuss these results in light of seven distinct hypotheses that capture various claims made by philosophers about lay people’s lottery judgments. We con- clude by summarizing the main findings, pointing to future research, and comparing our findings to recent studies by Turri and Friedman (2014) and Friedman and Turri (2015).
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