2020
DOI: 10.31234/osf.io/mktgj
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Effect of Confidence Interval Construction on Judgment Accuracy

Abstract: Three experiments (N = 854) examined the effect of a four-step elicitation method used in several expert elicitation studies on judgment accuracy. Participants made judgments about topics that were either searchable or unsearchable online using one of two order variations of the four-step procedure. One group of participants provided their best judgment (one step) prior to constructing an interval (i.e., lower bound, upper bound, and a confidence rating that the correct value fell in the range provided), where… Show more

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Cited by 8 publications
(10 citation statements)
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“…AOT assesses an individual's willingness to evaluate evidence contrary to their beliefs as well as openness to alternative perspectives (Baron et al, 2015). AOT is positively related to accuracy in a variety of judgment tasks (Haran et al, 2013;Mandel et al, 2020) and negatively related to some cognitive biases (Toplak et al, 2017). 1 Finally, in addition to examining the relation between the BBS and these measures of cognitive ability, we also examine the relation between the individual self and other ratings, which has not been explored in earlier studies.…”
Section: The Cognitive Sophistication Hypothesismentioning
confidence: 99%
“…AOT assesses an individual's willingness to evaluate evidence contrary to their beliefs as well as openness to alternative perspectives (Baron et al, 2015). AOT is positively related to accuracy in a variety of judgment tasks (Haran et al, 2013;Mandel et al, 2020) and negatively related to some cognitive biases (Toplak et al, 2017). 1 Finally, in addition to examining the relation between the BBS and these measures of cognitive ability, we also examine the relation between the individual self and other ratings, which has not been explored in earlier studies.…”
Section: The Cognitive Sophistication Hypothesismentioning
confidence: 99%
“…This means that findings from studies where best point and interval judgments were made one after another within the same task session, e.g. [ 30 ], may not generalize to situations where only one way of assessment is used. Furthermore, having people specify where in the interval they think the best guess is with the splitting method (which is similar to defining a point in the interval), may not necessarily lead towards an estimate that conceptually corresponds to a point judgment.…”
Section: Discussionmentioning
confidence: 99%
“…This technique [23,24] is thought to encourage information sampling [23] and prompt participants to consider counter-arguments [25]. (However, see also [26] for counter-evidence regarding this sequencing. )…”
Section: Research Goalsmentioning
confidence: 99%