Precision and Accuracy of Judgmental Estimation

Volume: 10, Issue: 1, Pages: 21 - 32
Published: Mar 1, 1997
Abstract
Whereas probabilistic calibration has been a central normative concept of accuracy in previous research on interval estimates, we suggest here that normative approaches for the evaluation of judgmental estimates should consider the communicative interaction between the individuals who produce the judgments and those who receive or use them for making decisions. We analyze precision and error in judgment and consider the role of the...
Paper Details
Title
Precision and Accuracy of Judgmental Estimation
Published Date
Mar 1, 1997
Volume
10
Issue
1
Pages
21 - 32
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