Literature DB >> 16933769

Use of base rates and case cue information in making likelihood estimates.

Stephanie Stolarz-Fantino1, Edmund Fantino, Nicholas Van Borst.   

Abstract

In five experiments, we investigated college students' use of base rate and case cue information in estimating likelihood. The participants reported that case cues were more important than base rates, except when the case cues were totally uninformative, and made more use of base rate information when the base rates were varied within subjects, rather than between subjects. Estimates were more Bayesian when base rate and case cue information was congruent, rather than contradictory. The nature of the "witness" in case cue information (animate or inanimate) did not affect the use of base rate and case cue information. Multiple trials with feedback led to more accurate estimates; however, this effect was not lasting. The results suggest that when base rate information is made salient by experience (multiple trials and within-subjects variation) or by other manipulations, base rate neglect is minimized.

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Mesh:

Year:  2006        PMID: 16933769     DOI: 10.3758/bf03193583

Source DB:  PubMed          Journal:  Mem Cognit        ISSN: 0090-502X


  19 in total

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Authors:  P N Johnson-Laird; P Legrenzi; V Girotto; M S Legrenzi; J P Caverni
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Journal:  Psychon Bull Rev       Date:  1999-06

Review 3.  A perspective on judgment and choice: mapping bounded rationality.

Authors:  Daniel Kahneman
Journal:  Am Psychol       Date:  2003-09

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Authors:  J J Christensen-Szalanski; L R Beach
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5.  The rules we choose by.

Authors:  Stephanie Stolarz-Fantino; Edmund Fantino
Journal:  Behav Processes       Date:  2005-05-31       Impact factor: 1.777

Review 6.  Rationality.

Authors:  Eldar Shafir; Robyn A LeBoeuf
Journal:  Annu Rev Psychol       Date:  2002       Impact factor: 24.137

7.  Man as an intuitive statistician.

Authors:  Cameron R Peterson; Lee Roy Beach
Journal:  Psychol Bull       Date:  1967-07       Impact factor: 17.737

8.  Learning to commit or avoid the base-rate error.

Authors:  A S Goodie; E Fantino
Journal:  Nature       Date:  1996-03-21       Impact factor: 49.962

9.  Teaching pigeons to commit base-rate neglect.

Authors:  Edmund Fantino; Inna Glaz Kanevsky; Shawn R Charlton
Journal:  Psychol Sci       Date:  2005-10

10.  Determinants of diagnostic hypothesis generation: effects of information, base rates, and experience.

Authors:  E U Weber; U Böckenholt; D J Hilton; B Wallace
Journal:  J Exp Psychol Learn Mem Cogn       Date:  1993-09       Impact factor: 3.051

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