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Probability judgments under ambiguity and conflict

Whether conflict and ambiguity are distinct kinds of uncertainty remains an open question, as does their joint impact on judgments of overall uncertainty. This paper reviews recent advances in our understanding of human judgment and decision making when both ambiguity and conflict are present, and p...

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Autor principal: Smithson, Michael
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2015
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4438598/
https://www.ncbi.nlm.nih.gov/pubmed/26042081
http://dx.doi.org/10.3389/fpsyg.2015.00674
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author Smithson, Michael
author_facet Smithson, Michael
author_sort Smithson, Michael
collection PubMed
description Whether conflict and ambiguity are distinct kinds of uncertainty remains an open question, as does their joint impact on judgments of overall uncertainty. This paper reviews recent advances in our understanding of human judgment and decision making when both ambiguity and conflict are present, and presents two types of testable models of judgments under conflict and ambiguity. The first type concerns estimate-pooling to arrive at “best” probability estimates. The second type is models of subjective assessments of conflict and ambiguity. These models are developed for dealing with both described and experienced information. A framework for testing these models in the described-information setting is presented, including a reanalysis of a multi-nation data-set to test best-estimate models, and a study of participants' assessments of conflict, ambiguity, and overall uncertainty reported by Smithson (2013). A framework for research in the experienced-information setting is then developed, that differs substantially from extant paradigms in the literature. This framework yields new models of “best” estimates and perceived conflict. The paper concludes with specific suggestions for future research on judgment and decision making under conflict and ambiguity.
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spelling pubmed-44385982015-06-03 Probability judgments under ambiguity and conflict Smithson, Michael Front Psychol Psychology Whether conflict and ambiguity are distinct kinds of uncertainty remains an open question, as does their joint impact on judgments of overall uncertainty. This paper reviews recent advances in our understanding of human judgment and decision making when both ambiguity and conflict are present, and presents two types of testable models of judgments under conflict and ambiguity. The first type concerns estimate-pooling to arrive at “best” probability estimates. The second type is models of subjective assessments of conflict and ambiguity. These models are developed for dealing with both described and experienced information. A framework for testing these models in the described-information setting is presented, including a reanalysis of a multi-nation data-set to test best-estimate models, and a study of participants' assessments of conflict, ambiguity, and overall uncertainty reported by Smithson (2013). A framework for research in the experienced-information setting is then developed, that differs substantially from extant paradigms in the literature. This framework yields new models of “best” estimates and perceived conflict. The paper concludes with specific suggestions for future research on judgment and decision making under conflict and ambiguity. Frontiers Media S.A. 2015-05-20 /pmc/articles/PMC4438598/ /pubmed/26042081 http://dx.doi.org/10.3389/fpsyg.2015.00674 Text en Copyright © 2015 Smithson. http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Smithson, Michael
Probability judgments under ambiguity and conflict
title Probability judgments under ambiguity and conflict
title_full Probability judgments under ambiguity and conflict
title_fullStr Probability judgments under ambiguity and conflict
title_full_unstemmed Probability judgments under ambiguity and conflict
title_short Probability judgments under ambiguity and conflict
title_sort probability judgments under ambiguity and conflict
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4438598/
https://www.ncbi.nlm.nih.gov/pubmed/26042081
http://dx.doi.org/10.3389/fpsyg.2015.00674
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