What is a "likely" amount? : representative (modal) values are considered likely even when their probabilities are low
Year of publication: |
2022
|
---|---|
Authors: | Teigen, Karl Halvor ; Juanchich, Marie ; Løhre, Erik |
Published in: |
Organizational behavior and human decision processes : a journal of fundamental research and theory in applied psychology. - Amsterdam [u.a.] : Elsevier, ISSN 0749-5978, ZDB-ID 629198-3. - Vol. 171.2022, p. 1-19
|
Subject: | Cost estimates | Graph literacy | Likely | Representativeness | Subjective probability | Uncertainty communication | Verbal probabilities | Entscheidung unter Unsicherheit | Decision under uncertainty | Theorie | Theory | Wahrscheinlichkeitsrechnung | Probability theory |
-
Combining probability forecasts : 60 % and 60 % is 60 %, but likely and likely is very likely
Mislavsky, Robert, (2022)
-
Bilgin, Baler, (2013)
-
Belief updating: does the 'good-news, bad-news' asymmetry extend to purely financial domains?
Barron, Kai, (2016)
- More ...
-
Combining verbal forecasts : the role of directionality and the reinforcement effect
Teigen, Karl Halvor, (2023)
-
Framing experts' (dis)agreements about uncertain environmental events
Løhre, Erik, (2019)
-
Probabilities associated with precise and vague forecasts
Løhre, Erik, (2017)
- More ...