APS

30th APS Annual Convention · 2018

Base-Rate Use in Conditional Probability Estimates

San Francisco, CA · May 2018

Poster · Cognitive

Session: Poster Session I

Authors

Abstract

We show that participants’ mean naïve probability estimates are consistent with each other, based on what would be predicted by Bayes theorem. Further, providing base-rates has a small but significant effect on conditional probability estimates, bringing estimates more in line with Bayesian posterior estimates based on these base-rates.

Judgment and Decision Making