Sequentially Simulated Outcomes: Kind Experience Versus Nontransparent Description
Sequentially Simulated Outcomes: Kind Experience Versus Nontransparent Description
复制标题
DOI:
10.1037/a0023265
复制
发表时间:
2011-08-01
影响因子:
4.1
通讯作者:
Soyer, Emre
中科院分区:
文献类型:
--
作者:
Hogarth, Robin M.;Soyer, Emre
Recently, researchers have investigated differences in decision making based on description and experience. We address the issue of when experience-based judgments of probability are more accurate than are those based on description. If description is well understood ("transparent") and experience is misleading ("wicked"), it is preferable to experience. However, if description is not transparent, will valid ("kind") experience lead to more accurate judgments? We report 2 experiments. The first involved 7 well-known probabilistic inference tasks. Participants differed in statistical sophistication and answered with and without experience obtained through sequentially simulated outcomes. The second experiment involved interpreting the outcomes of a regression analysis when making inferences for investment decisions. In both experiments, even the statistically naive achieved accurate probabilistic inferences after experiencing sequentially simulated outcomes, and many preferred this presentation format. We conclude by discussing theoretical and practical implications.