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Article

Suboptimal human inference inverts the bias-variance trade-off for decisions with asymmetric evidence

2020-12-07

Abstract excerpt

Solutions to challenging inference problems are often subject to a fundamental trade-off between bias (being systematically wrong) that is minimized with complex inference strategies and variance (being oversensitive to uncertain observations) that is minimized with simple inference strategies. However, this trade-off is based on the assumption that the strategies being considered are optimal for their given compl...

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Literature Corpus work
079b06f2-e75a-545f-bf1e-389b4815932d
DOI
10.1101/2020.12.06.413591
Open publication

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Suboptimal human inference inverts the bias-variance trade-off for decisions with asymmetric evidenceDOI 10.1101/2020.12.06.413591
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