IDEAS home Printed from https://ideas.repec.org/a/cup/rdepol/v5y2000i02p135-150_00.html
   My bibliography  Save this article

Human judgment under sample space ignorance

Author

Listed:
  • SMITHSON, MICHAEL
  • BARTOS, THOMAS
  • TAKEMURA, KAZUHISA

Abstract

This paper surveys results of a research program investigating human judgments of imprecise probabilities under sample-space ignorance (i.e., ignorance of what the possible outcomes are in a decision). The framework used for comparisons with human judgments is primarily due to Walley (1991, 1996). Five studies are reported which test four of Walley's prescriptions for judgment under sample-space ignorance, as well as assessing the impact of the number of observations and types of events on subjective lower and upper probability estimates. The paper concludes with a synopsis of future directions for empirical research on subjective imprecise probability judgments.

Suggested Citation

  • Smithson, Michael & Bartos, Thomas & Takemura, Kazuhisa, 2000. "Human judgment under sample space ignorance," Risk, Decision and Policy, Cambridge University Press, vol. 5(2), pages 135-150, June.
    • Handle: RePEc:cup:rdepol:v:5:y:2000:i:02:p:135-150_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1357530900000144/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Helen Pushkarskaya & Michael Smithson & Xun Liu & Jane E. Joseph, 2010. "Neuroeconomics of Environmental Uncertainty and the Theory of the Firm," Chapters, in: Angela A. Stanton & Mellani Day & Isabell M. Welpe (ed.), Neuroeconomics and the Firm, chapter 1, Edward Elgar Publishing.
    2. Yiyun Shou & Michael Smithson, 2015. "Adapting to an Uncertain World: Cognitive Capacity and Causal Reasoning with Ambiguous Observations," PLOS ONE, Public Library of Science, vol. 10(10), pages 1-27, October.
    3. Angela A. Stanton & Isabell M. Welpe, 2010. "Risk and Ambiguity: Entrepreneurial Research from the Perspective of Economics," Chapters, in: Angela A. Stanton & Mellani Day & Isabell M. Welpe (ed.), Neuroeconomics and the Firm, chapter 2, Edward Elgar Publishing.
    4. repec:cup:judgdm:v:17:y:2022:i:5:p:1146-1175 is not listed on IDEAS
    5. repec:jdm:journl:v:17:y:2022:i:5:p:1146-1175 is not listed on IDEAS

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:rdepol:v:5:y:2000:i:02:p:135-150_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/rdp .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.