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Verbal versus numerical probabilities: Efficiency, biases, and the preference paradox

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Cited by:

  1. Juanchich, Marie & Sirota, Miroslav & Butler, Christina Lea, 2012. "The perceived functions of linguistic risk quantifiers and their effect on risk, negativity perception and decision making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 118(1), pages 72-81.
  2. Tian Zhou‐Richter & Mark J. Browne & Helmut Gründl, 2010. "Don't They Care? Or, Are They Just Unaware? Risk Perception and the Demand for Long‐Term Care Insurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 77(4), pages 715-747, December.
  3. Teigen, Karl Halvor & Juanchich, Marie & Løhre, Erik, 2022. "What is a “likely” amount? Representative (modal) values are considered likely even when their probabilities are low," Organizational Behavior and Human Decision Processes, Elsevier, vol. 171(C).
  4. Charles F. Manski, 2018. "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise," NBER Macroeconomics Annual, University of Chicago Press, vol. 32(1), pages 411-471.
  5. Fasolo, Barbara & Bana e Costa, Carlos A., 2014. "Tailoring value elicitation to decision makers' numeracy and fluency: Expressing value judgments in numbers or words," Omega, Elsevier, vol. 44(C), pages 83-90.
  6. Jean Baratgin & Guy Politzer, 2006. "Is the mind Bayesian? The case for agnosticism," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 5(1), pages 1-38, June.
  7. Robert N. Collins & David R. Mandel, 2019. "Cultivating credibility with probability words and numbers," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 14(6), pages 683-695, November.
  8. repec:cup:judgdm:v:13:y:2018:i:2:p:202-211 is not listed on IDEAS
  9. Piercey, M. David, 2009. "Motivated reasoning and verbal vs. numerical probability assessment: Evidence from an accounting context," Organizational Behavior and Human Decision Processes, Elsevier, vol. 108(2), pages 330-341, March.
  10. Jessop, Alan, 2014. "IMP: A decision aid for multiattribute evaluation using imprecise weight estimates," Omega, Elsevier, vol. 49(C), pages 18-29.
  11. Scholz, Roland W. & Wellmer, Friedrich-Wilhelm, 2015. "Losses and use efficiencies along the phosphorus cycle – Part 2: Understanding the concept of efficiency," Resources, Conservation & Recycling, Elsevier, vol. 105(PB), pages 259-274.
  12. de Bruin, Wandi Bruine & Fischhoff, Baruch & Millstein, Susan G. & Halpern-Felsher, Bonnie L., 2000. "Verbal and Numerical Expressions of Probability: "It's a Fifty-Fifty Chance"," Organizational Behavior and Human Decision Processes, Elsevier, vol. 81(1), pages 115-131, January.
  13. Honekopp, Johannes, 2003. "Precision of probability information and prominence of outcomes: A description and evaluation of decisions under uncertainty," Organizational Behavior and Human Decision Processes, Elsevier, vol. 90(1), pages 124-138, January.
  14. Huizingh, Eelko K. R. E. & Vrolijk, Hans C. J., 1997. "A Comparison of Verbal and Numerical Judgments in the Analytic Hierarchy Process," Organizational Behavior and Human Decision Processes, Elsevier, vol. 70(3), pages 237-247, June.
  15. Andrea D. Gurmankin & Jonathan Baron & Katrina Armstrong, 2004. "The Effect of Numerical Statements of Risk on Trust and Comfort with Hypothetical Physician Risk Communication," Medical Decision Making, , vol. 24(3), pages 265-271, June.
  16. repec:cup:judgdm:v:14:y:2019:i:6:p:683-695 is not listed on IDEAS
  17. Teigen, Karl Halvor & Brun, Wibecke, 1999. "The Directionality of Verbal Probability Expressions: Effects on Decisions, Predictions, and Probabilistic Reasoning, , , ," Organizational Behavior and Human Decision Processes, Elsevier, vol. 80(2), pages 155-190, November.
  18. David Budescu & Han-Hui Por & Stephen Broomell, 2012. "Effective communication of uncertainty in the IPCC reports," Climatic Change, Springer, vol. 113(2), pages 181-200, July.
  19. Michael Dietrich, 2010. "Efficiency and profitability: a panel data analysis of UK manufacturing firms, 1993-2007," Working Papers 2010003, The University of Sheffield, Department of Economics, revised Jan 2010.
  20. Noel T. Brewer & Janice P. Tzeng & Sarah E. Lillie & Alrick S. Edwards & Jeffrey M. Peppercorn & Barbara K. Rimer, 2009. "Health Literacy and Cancer Risk Perception: Implications for Genomic Risk Communication," Medical Decision Making, , vol. 29(2), pages 157-166, March.
  21. Du, Ning & Budescu, David V. & Shelly, Marjorie K. & Omer, Thomas C., 2011. "The appeal of vague financial forecasts," Organizational Behavior and Human Decision Processes, Elsevier, vol. 114(2), pages 179-189, March.
  22. David R. Mandel & Daniel Irwin, 2021. "Facilitating sender-receiver agreement in communicated probabilities: Is it best to use words, numbers or both?," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 16(2), pages 363-393, March.
  23. Wiktor ADAMUS, 2009. "A New Method Of Job Evaluation," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 56, pages 515-536, November.
  24. William A. Boettcher III, 1995. "Context, Methods, Numbers, And Words," Journal of Conflict Resolution, Peace Science Society (International), vol. 39(3), pages 561-583, September.
  25. Dickerson, Andy & Green, Francis, 2012. "Fears and realisations of employment insecurity," Labour Economics, Elsevier, vol. 19(2), pages 198-210.
  26. Bradley J. Stastny & Paul E. Lehner, 2018. "Comparative evaluation of the forecast accuracy of analysis reports and a prediction market," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 13(2), pages 202-211, March.
  27. Hovanov, Nikolai & Yudaeva, Maria & Hovanov, Kirill, 2009. "Multicriteria estimation of probabilities on basis of expert non-numeric, non-exact and non-complete knowledge," European Journal of Operational Research, Elsevier, vol. 195(3), pages 857-863, June.
  28. repec:cup:judgdm:v:16:y:2021:i:2:p:363-393 is not listed on IDEAS
  29. Vivianne H.M. Visschers, 2017. "Judgments under uncertainty: evaluations of univocal, ambiguous and conflicting probability information," Journal of Risk Research, Taylor & Francis Journals, vol. 20(2), pages 237-255, February.
  30. Vivianne H. M. Visschers & Ree M. Meertens & Wim W. F. Passchier & Nanne N. K. De Vries, 2009. "Probability Information in Risk Communication: A Review of the Research Literature," Risk Analysis, John Wiley & Sons, vol. 29(2), pages 267-287, February.
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