Ask a Question

Prefer a chat interface with context about you and your work?

A unified explanation of variability and bias in human probability judgments: How computational noise explains the mean–variance signature.

A unified explanation of variability and bias in human probability judgments: How computational noise explains the mean–variance signature.

Human probability judgments are both variable and subject to systematic biases.Most probability judgment models treat variability and bias separately: a deterministic model explains the origin of bias, to which a noise process is added to generate variability.But these accounts do not explain the characteristic inverse U-shaped signature linking mean and …