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How to detect high-performing individuals and groups: Decision similarity predicts accuracy

Distinguishing between high- and low-performing individuals and groups is of prime importance in a wide range of high-stakes contexts. While this is straightforward when accurate records of past performance exist, these records are unavailable in most real-world contexts. Focusing on the class of bi...

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Detalles Bibliográficos
Autores principales: Kurvers, R. H. J. M., Herzog, S. M., Hertwig, R., Krause, J., Moussaid, M., Argenziano, G., Zalaudek, I., Carney, P. A., Wolf, M.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: American Association for the Advancement of Science 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6957221/
https://www.ncbi.nlm.nih.gov/pubmed/31976366
http://dx.doi.org/10.1126/sciadv.aaw9011
Descripción
Sumario:Distinguishing between high- and low-performing individuals and groups is of prime importance in a wide range of high-stakes contexts. While this is straightforward when accurate records of past performance exist, these records are unavailable in most real-world contexts. Focusing on the class of binary decision problems, we use a combined theoretical and empirical approach to develop and test a approach to this important problem. First, we use a general mathematical argument and numerical simulations to show that the similarity of an individual’s decisions to others is a powerful predictor of that individual’s decision accuracy. Second, testing this prediction with several large datasets on breast and skin cancer diagnostics, geopolitical forecasting, and a general knowledge task, we find that decision similarity robustly permits the identification of high-performing individuals and groups. Our findings offer a simple, yet broadly applicable, heuristic for improving real-world decision-making systems.