An explanation of conservatism in the bookbag-and-pokerchips situation

An experiment is described in which subjective probability revisions were obtained in a standard probability estimation task, the ‘bookbag-and-pokerchips’situation. Three aspects of probability revision were examined: conservatism, sequential effects, and coherence. Under two experimental conditions, the conservatism effect obtained was closely related to subjects' use of a simple strategy. A recency effect was also obtained. Coherence of the probability estimates was excellent. Conditions under which the observed strategy leads to conservatism are explored and previously published results are reconsidered in the light of this strategy. Conservatism in the bookbag- and-pokerchips situation is explained as an artefact of subjects' strategies     

A note on McDonald's generalization of principal components analysis

It is shown that McDonald's generalization of classical Principal Components Analysis to groups of variables maximally channels the total variance of the original variables through the groups of variables acting as groups. A useful equation is obtained for determining the vectors of correlations of theL2 components with the original variables. A calculation example is given.     

Response latency,confidence, and ROCs in auditory signal detection

Response latencies were obtained from 10 Ss in auditory signal-detection experiments. The response latencies were inversely related to certainty that a signal was (or was not) presented. The S’s decision criterion was found to have an influence on response latency, which was consistent with the hypothesis that stimuli close to the current criterion elicit longer response latencies than stimuli more distant from the criterion. Comparisons among receiver operating characteristics derived from binary decisions, from the latencies of binary decisions, and from confidence ratings show that response latencies and binary decisions together yield more information about the stimulus than does the binary decision alone. However, the increment in information gained from the measurement of response latencies is in general (though not for every S) smaller than that gained by shifting from yes-no responses to a confidence-rating procedure.     

Magnitude production and magnitude estimation of taste intensity

Magnitude productions of sodium chloride (salty), quinine hydrochloride (bitter), and sucrose (sweet) yielded steeper psychophysical functions than those obtained with magnitude estimation. Hydrochloric acid (sour) produced the opposite effect. The results are discussed with respect to previous findings in taste intensity scaling and to general psychophysical considerations.