A model-based approach for the analysis of the calibration of probability judgments

The calibration of probability or confidence judgments concerns the association between the judgments and some estimate of the correct probabilities of events. Researchers rely on estimates using relative frequencies computed by aggregating data over observations. We show that this approach creates...

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Bibliographic Details
Main Authors: David V. Budescu, Timothy R. Johnson
Format: Article
Language:English
Published: Society for Judgment and Decision Making 2011-12-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/11/m01/m01.pdf