Determinants of linear judgment: A meta-analysis of lens model studies

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  • dc.contributor.author Karelaia, Nataliaca
  • dc.contributor.author Hogarth, Robin M.ca
  • dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
  • dc.date.accessioned 2017-07-26T12:07:58Z
  • dc.date.available 2017-07-26T12:07:58Z
  • dc.date.issued 2007-02-01
  • dc.date.modified 2017-07-23T02:10:58Z
  • dc.description.abstract The mathematical representation of Brunswik s lens model has been used extensively to study human judgment and provides a unique opportunity to conduct a meta-analysis of studies that covers roughly five decades. Specifically, we analyze statistics of the lens model equation (Tucker, 1964) associated with 259 different task environments obtained from 78 papers. In short, we find on average fairly high levels of judgmental achievement and note that people can achieve similar levels of cognitive performance in both noisy and predictable environments. Although overall performance varies little between laboratory and field studies, both differ in terms of components of performance and types of environments (numbers of cues and redundancy). An analysis of learning studies reveals that the most effective form of feedback is information about the task. We also analyze empirically when bootstrapping is more likely to occur. We conclude by indicating shortcomings of the kinds of studies conducted to date, limitations in the lens model methodology, and possibilities for future research.
  • dc.format.mimetype application/pdfca
  • dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1007
  • dc.identifier.citation Psychological Bulletin, 134 (3), 404-426, 2008
  • dc.identifier.uri http://hdl.handle.net/10230/605
  • dc.language.iso eng
  • dc.relation.ispartofseries Economics and Business Working Papers Series; 1007
  • dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
  • dc.rights.accessRights info:eu-repo/semantics/openAccess
  • dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
  • dc.subject.keyword judgment
  • dc.subject.keyword lens model
  • dc.subject.keyword linear models
  • dc.subject.keyword learning
  • dc.subject.keyword bootstrapping
  • dc.subject.keyword Behavioral and Experimental Economics
  • dc.title Determinants of linear judgment: A meta-analysis of lens model studiesca
  • dc.type info:eu-repo/semantics/workingPaper