32 research outputs found

    Similarity, plausibility, and judgments of probability

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    Judging the strength of an argument may underlie many reasoning and decision-making tasks. In this article, we focus on "category-based" arguments, in which the premises and conclusion are of the form All members of C have property P, where C is a natural category. An example is "Dobermanns have sesamoid bones. Therefore, German shepherds have sesamoid bones." The strength of such an argument is reflected in the judged probability that the conclusion is true given that the premises are true. The processes that mediate such probability judgments depend on whether the predicate is "blank" - an unfamiliar property that does not enter the reasoning process (e.g., "have sesamoid bones") - or "non-blank" - a relatively familiar property that is easier to reason from (e.g., "can bite through wire"). With blank predicates, probability judgments are based on similarity relations between the premise and conclusion categories. With non-blank predicates, probability judgements are based on both similarity relations and the plausibility of premises and conclusion.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/30527/1/0000159.pd

    Ampliative inference: on choosing a probability distribution

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    Ampliative inference is the choice of a probability distribution on the basis of incomplete information. We consider some psychological and normative questions that arise about this kind of reasoning. The discussion is largely tutorial although a substantive hypothesis is also advanced.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/30404/1/0000024.pd

    Extracting the coherent core of human probability judgement: a research program for cognitive psychology

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    Human intuition is a rich and useful guide to uncertain events in the environment but suffers from probabilistic incoherence in the technical sense. Developing methods for extracting a coherent body of judgement that is maximally consistent with a person's intuition is a challenging task for cognitive psychology, and also relevant to the construction of artificial expert systems. The present article motivates this problem, and outlines one approach to it.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/31673/1/0000609.pd

    Extrapolating human probability judgment

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    We advance a model of human probability judgment and apply it to the design of an extrapolation algorithm. Such an algorithm examines a person's judgment about the likelihood of various statements and is then able to predict the same person's judgments about new statements. The algorithm is tested against judgments produced by thirty undergraduates asked to assign probabilities to statements about mammals.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/43846/1/11238_2005_Article_BF01079209.pd

    The Advantage Model: A Comparative Theory of Evaluation and Choice under Risk

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    A descriptive model of choice between monetary lotteries--called the Advantage Model of Choice--is proposed. According to the model, people evaluate lotteries in a choice problem by comparing them separately on the dimension of gains and on the dimension of losses. In making these comparisons, people employ both "absolute" and "comparative" strategies that are subsequently combined to yield a choice. The model is evaluated on both qualitative and quantitative grounds. As part of the qualitative evaluation, a number of previously documented phenomena that characterize people's choices between lotteries are reviewed. It is shown that the Advantage Model is consistent with these phenomena. As part of the quantitative evaluation, three experimental tests of the model are reported. The model's ability to predict both individual choice and group preference is evaluated, and the model is shown to compare favorably to particular versions of Prospect Theory and Utility Theory. It is suggested that the Advantage Model captures one of the underlying processes that guide human choice behavior in risky situations. Examples of the model's relevance to nonmonetary domains are provided.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/30660/1/0000302.pd
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