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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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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
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author Kurvers, R. H. J. M.
Herzog, S. M.
Hertwig, R.
Krause, J.
Moussaid, M.
Argenziano, G.
Zalaudek, I.
Carney, P. A.
Wolf, M.
author_facet Kurvers, R. H. J. M.
Herzog, S. M.
Hertwig, R.
Krause, J.
Moussaid, M.
Argenziano, G.
Zalaudek, I.
Carney, P. A.
Wolf, M.
author_sort Kurvers, R. H. J. M.
collection PubMed
description 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.
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spelling pubmed-69572212020-01-23 How to detect high-performing individuals and groups: Decision similarity predicts accuracy Kurvers, R. H. J. M. Herzog, S. M. Hertwig, R. Krause, J. Moussaid, M. Argenziano, G. Zalaudek, I. Carney, P. A. Wolf, M. Sci Adv Research Articles 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. American Association for the Advancement of Science 2019-11-20 /pmc/articles/PMC6957221/ /pubmed/31976366 http://dx.doi.org/10.1126/sciadv.aaw9011 Text en Copyright © 2019 The Authors, some rights reserved; exclusive licensee American Association for the Advancement of Science. No claim to original U.S. Government Works. Distributed under a Creative Commons Attribution NonCommercial License 4.0 (CC BY-NC). http://creativecommons.org/licenses/by-nc/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution-NonCommercial license (http://creativecommons.org/licenses/by-nc/4.0/) , which permits use, distribution, and reproduction in any medium, so long as the resultant use is not for commercial advantage and provided the original work is properly cited.
spellingShingle Research Articles
Kurvers, R. H. J. M.
Herzog, S. M.
Hertwig, R.
Krause, J.
Moussaid, M.
Argenziano, G.
Zalaudek, I.
Carney, P. A.
Wolf, M.
How to detect high-performing individuals and groups: Decision similarity predicts accuracy
title How to detect high-performing individuals and groups: Decision similarity predicts accuracy
title_full How to detect high-performing individuals and groups: Decision similarity predicts accuracy
title_fullStr How to detect high-performing individuals and groups: Decision similarity predicts accuracy
title_full_unstemmed How to detect high-performing individuals and groups: Decision similarity predicts accuracy
title_short How to detect high-performing individuals and groups: Decision similarity predicts accuracy
title_sort how to detect high-performing individuals and groups: decision similarity predicts accuracy
topic Research Articles
url 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
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