Getting scarred and winning lotteries: effects of exemplar cuing and statistical format on imagining low‐probability events

Three experiments tested the exemplar cuing and frequency format accounts of how the ‘imaginability’ of low‐probability events is enhanced. The experiments manipulated imaginability by varying the statistics used to describe negative (e.g. being scarred as a result of laser surgery) and positive (e.g. winning a lottery) low‐probability events. The results strongly supported the frequency format account, whereby imaginability is enhanced through the use of frequency formats for conveying statistical information (e.g. 20 out of 2000 as opposed to 0.01%). However, only limited support was found for exemplar cuing (EC) theory. Overall the results support the claim that the imaginability of outcomes plays a key role in thinking about low‐probability events, but question the mechanisms specified by EC theory for mediating such effects. Copyright © 2007 John Wiley & Sons, Ltd.     

Social discounting and delay discounting

Social discounting was measured as the amount of money a participant was willing to forgo to give a fixed amount (usually $75) to another person. In the first experiment, amount forgone was a hyperbolic function of the social distance between the giver and receiver. In the second experiment, degree of social discounting was an increasing function of reward magnitude whereas degree of delay discounting was a decreasing function of reward magnitude. In the third experiment, the shape of the function relating delayed rewards to equally valued immediate rewards for another person was predicted from individual delay and social discount functions. All in all, the studies show that the social discount function, like delay and probability discount functions, is hyperbolic in form. Copyright © 2007 John Wiley & Sons, Ltd.     

Horgan on Sleeping Beauty

With the notable exception of David Lewis, most of those writing on the Sleeping Beauty problem have argued that 1/3 is the correct answer. Terence Horgan has provided the clearest account of why, contrary to Lewis, Beauty has evidence against the proposition that the coin comes up heads when she awakens on Monday. In this paper, I argue that Horgan’s proposal fails because it neglects important facts about epistemic probability.     

Synchronic Bayesian updating and the Sleeping Beauty problem: reply to Pust

I maintain, in defending “thirdism,” that Sleeping Beauty should do Bayesian updating after assigning the “preliminary probability” 1/4 to the statement S: “Today is Tuesday and the coin flip is heads.” (This preliminary probability obtains relative to a specific proper subset I of her available information.) Pust objects that her preliminary probability for S is really zero, because she could not be in an epistemic situation in which S is true. I reply that the impossibility of being in such an epistemic situation is irrelevant, because relative to I, statement S nonetheless has degree of evidential support 1/4.     

用文字概率衡量不确定性：特征和问题

文字概率是衡量不确定性的方式之一, 即人们使用诸如“也许”、“未必”的词汇来描述特定事件发生的可能性。文字概率不同于数字概率, 主要体现在文字概率的模糊性、非概率运算性和语义特性上。这使得相对于数字概率, 用文字概率衡量不确定性既有优势也有问题, 进而对人们的不确定信息沟通和风险决策造成影响。虽然文字概率与数字概率存在特征上的差异并且人们在日常交流中偏爱文字概率, 但是大部分风险领域的研究却仅局限于数字概率, 今后有必要研究使用文字概率测量的风险决策。在已有文字概率特征研究的基础上, 还可以进一步探究其不同于数字概率的其它特征(文字/数字概率与双系统模型的联系、文字概率的跨文化差异等)及其对风险决策的影响。     

Maximum Entropy Inference with Quantified Knowledge

We investigate uncertain reasoning with quantified sentencesof the predicate calculus treated as the limiting case of maximumentropy inference applied to finite domains.     

On emotional innumeracy: Predicted and actual affective responses to grand-scale tragedies

The present research demonstrates that people overestimate the intensity of their emotional responses to grand-scale tragedies. Participants predicted that they would feel significantly worse if thousands of people were killed in a disaster than if only a few people were killed, and yet they exhibited an “emotional flatline,” feeling equally sad regardless of the number of people killed. This unforeseeable emotional flatline was demonstrated in response to deaths stemming from human violence and natural disasters, both close to home and far away (including hurricanes in the United States, a forest fire in Spain, and the Iraq War). Participants’ actual emotional responses were calibrated with fatalities only when abstract death tolls were translated into concrete images. We argue that affective forecasts and emotional experiences may arise from separate systems, leading to reliable forecasting errors, as well as influencing subsequent judgments.     

Verbal probabilities: a question of frame?

Verbal expressions of probability and uncertainty are of two kinds: positive (‘probable’, ‘possible’) and negative (‘not certain’, ‘doubtful’). Choice of term has implications for predictions and decisions. The present studies show that positive phrases are rated to be more optimistic (when the target outcome is positive), and more correct, when the target outcome actually occurs, even in cases where positive and negative phrases are perceived to convey the same probabilities (Experiments 1 and 2). Selection of phrase can be determined by linguistic frame. Positive quantifiers (‘some’, ‘several’) support positive probability phrases, whereas negative quantifiers (‘not all’) suggest negative phrases (Experiment 3). Positive frames induced by numeric frequencies (e.g. the number of students to be admitted) imply positive probability phrases, whereas negative frames (e.g. the number of students to be rejected) call for negative probability phrases (Experiment 4). It is concluded that choice of verbal phrase is based not only on level of probability, but also on situational and linguistic cues. Copyright © 2002 John Wiley & Sons, Ltd.     

The influence of reasons on interpretations of probability forecasts

When providing a probability estimate for an event, experts often supply reasons that they expect will clarify and support that estimate. We investigated the possible unintended influence that these reasons might have on a listener's intuitive interpretation of the event's likelihood. Experiments 1 and 2 demonstrated that people who read positive reasons for a doctor's probability estimate regarding a hypothetical surgery were more optimistic than those who read negative reasons for the identical estimate. Experiment 3 tested whether a doctor's failure forecast for a surgery would result in differing levels of pessimism when the potential risk was attributed to one complication that had a probability of 0.30 versus three complications that had a disjunctive probability of 0.30. Overall, the findings are consistent with the argument that a probability estimate, albeit numerically precise, can be flexibly interpreted at an intuitive level depending on the reasons that the forecaster provides as the basis for the estimate. Copyright © 2003 John Wiley & Sons, Ltd.     

Effects of choice and relative frequency elicitation on overconfidence: further tests of an exemplar‐retrieval model

An experiment is reported in which participants rendered judgments regarding the disease states of hypothetical patients. Participants either reported likelihoods that patients had the target disease (no choice), or classified patients into disease categories and then reported likelihoods that their classifications were correct (choice included). Also, participants' likelihood judgments were made in response to either a probability probe question, or a relative frequency probe. Two distinct exemplar‐memory models were compared on their ability to predict overconfidence under these procedures. Both propose that people learn and judge by storing and retrieving examples. The exemplar retrieval model (ERM) proposes that amount of retrieval drives choice inclusion and likelihood probe effects. The alternative model assumes that response error mediates choice inclusion effects. Choice inclusion and the relative frequency probe reduced overconfidence, but the combined effects were subadditive. Only the ERM predicted this pattern, and it further provided good quantitative fits to these results. Copyright © 2003 John Wiley & Sons, Ltd.