We explore the statistical behavior of the order statistics of the ights of one-sided LÃ evy processes (OLPs). We begin with the study of the extreme ights of general OLPs, and then focus on the class of selfsimilar processes, investigating the following issues: (i) the inner hierarchy of the extrem
On the evaluation of one-sided evidence
✍ Scribed by Lyle A. Brenner; Derek J. Koehler; Amos Tversky
- Publisher
- John Wiley and Sons
- Year
- 1996
- Tongue
- English
- Weight
- 883 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0894-3257
No coin nor oath required. For personal study only.
✦ Synopsis
We examine predictions and judgments of confidence based on one-sided evidence. Some subjects saw arguments for only one side of a legal dispute while other subjects (called 'jurors') saw arguments for both sides. Subjects predicted the number of jurors who favored the plaintiff in each case. Subjects who saw only one side made predictions that were biased in favor of that side. Furthermore, they were more confident but generally less accurate than subjects who saw both sides. The results indicate that people do not compensate sufficiently for missing information even when it is painfully obvious that the information available to them is incomplete. A simple manipulation that required subjects to evaluate the relative strength of the opponent's side greatly reduced the tendency to underweigh missing evidence.
📜 SIMILAR VOLUMES
We study the ÿrst passage problem for one-sided LÃ evy motions: how does such a motion, started at the origin, cross a barrier positioned at the point x (x ¿ 0)? Since one-sided LÃ evy motions are pure-jump processes, they always 'leap' over barriers (rather than crossing them continuously). We henc
Mathematical equations are developed to study thermal processes in a CPC collector with a flat one-sided absorber. An expression for the temperature of the heat transfer fluid as a function of the space-co-ordinate in the flow direction and the time dependent solar intensity is developed. The effect