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Brunswikian and Thurstonian Origins of Bias in Probability Assessment: On the Interpretation of Stochastic Components of Judgment

✍ Scribed by PETER JUSLIN; HENRIK OLSSON; MATS BJÖRKMAN


Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
352 KB
Volume
10
Category
Article
ISSN
0894-3257

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✦ Synopsis


In this paper the Brunswikian framework provided by the theory of Probabilistic Mental Models (PMM), and other theoretical stances inspired by probabilistic functionalism, is combined with the Thurstonian notion of a stochastic component of judgment. We review data from 25 tasks with representative selection of items collected in our laboratory. Over/undercon®dence is close to zero in most domains, but there is a moderate hard±easy eect across task domains that is inconsistent with the original assumptions of the Brunswikian framework. The binomial model modi®es PMM-theory by allowing for sampling error in the process of learning the ecological probabilities and the response-error model takes error in the process of overt probability assessment into account. Both models predict a moderate hard±easy eect across task environments that dier in diculty or predictability, but it is also demonstrated that the two interpretations of random error lead to dierent predictions. The response error model predicts format dependence, with more overcon®dence in full-range than in half-range assessment, and the phenomenon is illustrated with empirical data. It is proposed that a model that combines the Brunswikian framework with both sampling error and response error captures many of the important phenomena in the calibration literature. For illustrative purposes, a combined model with four parameters is ®tted to empirical data suggesting good ®t.


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Erev, Wallsten, and Budescu (1994) and Budescu, Erev, and Wallsten (1997) demonstrated that over-and undercon®dence often observed in judgment studies may be due, in part, to the presence of random error and its eects on the analysis of the judgments. To illustrate this fact they showed that a ge