An Assessment of the Quality of Subjective Probability Judgements in a Naturalistic Setting.

The objective of this paper is to explore the extent to which human judgement and resultant decision-making in a natural setting reflects the performance characteristics suggested by experimental work. in order to explore the quality of decisions made in a natural setting, an analysis is undertaken of bets placed on 19 396 hoeses in the UK parimutuel betting market.

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Year of publication:	1999
Authors:	Alistair, B. ; Johnson ; J.E.V.
Institutions:	Economics Division, University of Southampton
Subject:	DECISION MAKING \| PROBABILITY \| BEHAVIOUR

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Series:	University of Southampton - Department of Accounting and Management Science.
Type of publication:	Book / Working Paper
Notes:	37 pages
Classification:	D83 - Search, Learning, Information and Knowledge ; D80 - Information and Uncertainty. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005640651