Effects of ignorance and information on judgments and decisions

dc.citation.epage391en_US
dc.citation.issueNumber5en_US
dc.citation.spage381en_US
dc.citation.volumeNumber6en_US
dc.contributor.authorAyton, P.en_US
dc.contributor.authorÖnkal D.en_US
dc.contributor.authorMcReynolds, L.en_US
dc.date.accessioned2019-02-11T12:45:26Z
dc.date.available2019-02-11T12:45:26Z
dc.date.issued2011en_US
dc.departmentDepartment of Managementen_US
dc.description.abstractWe compared Turkish and English students’ soccer forecasting for English soccer matches. Although the Turkish students knew very little about English soccer, they selected teams on the basis of familiarity with the team (or its identified city); their prediction success was surprisingly similar to knowledgeable English students—consistent with Goldstein and Gigerenzer’s (1999; 2002) characterization of the recognition heuristic. The Turkish students made forecasts for some of the matches with additional information—the half-time scores. In this and a further study, where British students predicting matches for foreign teams could choose whether or not to use half-time information, we found that predictions that could be made by recognition alone were influenced by the half-time information. We consider the implications of these findings in the context of Goldstein and Gigerenzer’s (2002, p. 82) suggestion that “. . . no other information can reverse the choice determined by recognition” and a recent more qualified statement (Gigerenzer & Goldstein, 2011) indicating that two processes, recognition and evaluation guide the adaptive selection of the recognition heuristic.en_US
dc.identifier.eissn1930-2975
dc.identifier.urihttp://hdl.handle.net/11693/49254
dc.language.isoEnglishen_US
dc.publisherSociety for Judgment and Decision Makingen_US
dc.source.titleJudgment and Decision Makingen_US
dc.subjectRecognition heuristicen_US
dc.subjectJudgmental forecastingen_US
dc.subjectInferenceen_US
dc.subjectHeuristicsen_US
dc.titleEffects of ignorance and information on judgments and decisionsen_US
dc.typeArticleen_US

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