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

2021-07-02

Abstract excerpt

<p>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 variance in probability judgments. By contrast, models...

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Literature Corpus work
146592a9-b0e2-5998-a47b-022c6f6f675f
DOI
10.31234/osf.io/yuhaz
Open publication

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A unified explanation of variability and bias in human probability judgments: How computational noise explains the mean-variance signatureDOI 10.31234/osf.io/yuhaz
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