The consequences of role-conferred bias and base-rate neglect

The consequences of role-conferred bias and base-rate neglect

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Article ID: iaor20012176
Country: United States
Volume: 29
Issue: 2
Start Page Number: 461
End Page Number: 477
Publication Date: Mar 1998
Journal: Decision Sciences
Authors: ,
Keywords: choice theory
Abstract:

This study examines the effect of training to reduce biases and heuristics on the consequence of judgements. We demonstrate that untrained subjects' judgments may systematically yield better consequences than judgments of subjects trained to reduce biases and heuristics. This result implies that educators should use caution when interpreting the findings of biases and heuristics research. In establishing the existence of situations in which biases and heuristics produce better consequences than an unbiased, or nonnative procedure, we open the larger question of the need for an elaboration of the prescriptive uses of the normative procedures.

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