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Article: Uncertainty assessment accuracy and resource allocation outcomes: an empirical test of a presumed relation.
- Article from:
- The Journal of Psychology
- Article date:
- July 1, 1993
- Author:
CopyrightCOPYRIGHT 1993 Heldref Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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UNCERTAINTY IS AN INHERENT CHARACTERISTIC of human judgment, and the amount of uncertainty associated with judgment often has a considerable, albeit implicit, influence on the course of our actions. For this reason, many researchers in the decision-making area have examined the extent to which people can, over a series of judgments, provide accurate numerical assessments of the uncertainty surrounding their judgments (for reviews, see Lichtenstein, Fischhoff, & Phillips, 1982; Yates, 1990). Numerous prediction (Dunning, Griffin, Milojkovic, & Ross, 1990; Fischhoff & MacGregor, 1982; Wright & Ayton, 1986, 1989) and knowledge (Fischhoff, Slovic, & Lichtenstein, 1977; Paese & ...