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When do those who know more also know more about how much they know? The development of confidence and performance in categorical decision tasks

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  • Fischer, Ilan
  • Budescu, David V.

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  • Fischer, Ilan & Budescu, David V., 2005. "When do those who know more also know more about how much they know? The development of confidence and performance in categorical decision tasks," Organizational Behavior and Human Decision Processes, Elsevier, vol. 98(1), pages 39-53, September.
  • Handle: RePEc:eee:jobhdp:v:98:y:2005:i:1:p:39-53
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    References listed on IDEAS

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    1. Einhorn, Hj & Hogarth, Rm, 1981. "Behavioral Decision-Theory - Processes Of Judgment And Choice," Journal of Accounting Research, Wiley Blackwell, vol. 19(1), pages 1-31.
    2. Eric J. Johnson & John W. Payne, 1985. "Effort and Accuracy in Choice," Management Science, INFORMS, vol. 31(4), pages 395-414, April.
    3. Shugan, Steven M, 1980. "The Cost of Thinking," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 7(2), pages 99-111, Se.
    4. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    5. Russo, J. Edward & Medvec, Victoria Husted & Meloy, Margaret G., 1996. "The Distortion of Information during Decisions," Organizational Behavior and Human Decision Processes, Elsevier, vol. 66(1), pages 102-110, April.
    6. Keren, Gideon, 1987. "Facing uncertainty in the game of bridge: A calibration study," Organizational Behavior and Human Decision Processes, Elsevier, vol. 39(1), pages 98-114, February.
    7. Wagenaar, Willem A. & Keren, Gideon B., 1985. "Calibration of probability assessments by professional blackjack dealers, statistical experts, and lay people," Organizational Behavior and Human Decision Processes, Elsevier, vol. 36(3), pages 406-416, December.
    8. Thomas S. Wallsten & David V. Budescu, 1983. "State of the Art---Encoding Subjective Probabilities: A Psychological and Psychometric Review," Management Science, INFORMS, vol. 29(2), pages 151-173, February.
    9. Sharp, Glen L. & Cutler, Brian L. & Penrod, Steven D., 1988. "Performance feedback improves the resolution of confidence judgments," Organizational Behavior and Human Decision Processes, Elsevier, vol. 42(3), pages 271-283, December.
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    Cited by:

    1. Ilídio Barreto & david l. Patient, 2013. "Toward a theory of intraorganizational attention based on desirability and feasibility factors," Strategic Management Journal, Wiley Blackwell, vol. 34(6), pages 687-703, June.
    2. Van Swol, Lyn M., 2011. "Forecasting another's enjoyment versus giving the right answer: Trust, shared values, task effects, and confidence in improving the acceptance of advice," International Journal of Forecasting, Elsevier, vol. 27(1), pages 103-120, January.
    3. Ilan Fischer & Ravid Bogaire, 2012. "The Group Calibration Index: a group-based approach for assessing forecasters’ expertise when external outcome data are missing," Theory and Decision, Springer, vol. 73(4), pages 671-685, October.
    4. Van Swol, Lyn M., 2011. "Forecasting another’s enjoyment versus giving the right answer: Trust, shared values, task effects, and confidence in improving the acceptance of advice," International Journal of Forecasting, Elsevier, vol. 27(1), pages 103-120.
    5. David V. Budescu & Hsiu-Ting Yu, 2006. "To Bayes or Not to Bayes? A Comparison of Two Classes of Models of Information Aggregation," Decision Analysis, INFORMS, vol. 3(3), pages 145-162, September.

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