Base rates, experience, and the big picture
- 1 March 1996
- journal article
- Published by Cambridge University Press (CUP) in Behavioral and Brain Sciences
- Vol. 19 (1), 21
- https://doi.org/10.1017/s0140525x00041212
Abstract
The important question is how people process probabilistic information, not whether they process it in accordance with a normative model that we never should have expected them to be capable of following. Experience is not the cure, as widely thought, to problems with utilizing base rate information.Keywords
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