Eliciting expert knowledge in conservation science

TG Martin, MA Burgman, F Fidler… - Conservation …, 2012 - Wiley Online Library
Expert knowledge is used widely in the science and practice of conservation because of the
complexity of problems, relative lack of data, and the imminent nature of many conservation …

The three faces of overconfidence

DA Moore, D Schatz - Social and Personality Psychology …, 2017 - Wiley Online Library
Overconfidence has been studied in 3 distinct ways. Overestimation is thinking that you are
better than you are. Overplacement is the exaggerated belief that you are better than others …

Algorithm-augmented work and domain experience: The countervailing forces of ability and aversion

R Allen, P Choudhury - Organization Science, 2022 - pubsonline.informs.org
Past research offers mixed perspectives on whether domain experience helps or hurts
algorithm-augmented worker performance. Reconciling these perspectives, we theorize that …

Hindsight bias

NJ Roese, KD Vohs - Perspectives on psychological science, 2012 - journals.sagepub.com
Hindsight bias occurs when people feel that they “knew it all along,” that is, when they
believe that an event is more predictable after it becomes known than it was before it …

The wisdom of select crowds.

AE Mannes, JB Soll, RP Larrick - Journal of personality and social …, 2014 - psycnet.apa.org
Social psychologists have long recognized the power of statisticized groups. When
individual judgments about some fact (eg, the unemployment rate for next quarter) are …

Overconfidence among beginners: Is a little learning a dangerous thing?

C Sanchez, D Dunning - Journal of personality and Social …, 2018 - psycnet.apa.org
Across 6 studies we investigated the development of overconfidence among beginners. In 4
of the studies, participants completed multicue probabilistic learning tasks (eg, learning to …

How small system dynamics models can help the public policy process

N Ghaffarzadegan, J Lyneis… - System Dynamics …, 2011 - Wiley Online Library
Public policies often fail to achieve their intended result because of the complexity of both
the environment and the policy‐making process. In this article, we review the benefits of …

The role of actively open-minded thinking in information acquisition, accuracy, and calibration

U Haran, I Ritov, BA Mellers - Judgment and Decision making, 2013 - cambridge.org
Errors in estimating and forecasting often result from the failure to collect and consider
enough relevant information. We examine whether attributes associated with persistence in …

Reducing overconfidence in the interval judgments of experts

A Speirs‐Bridge, F Fidler, M McBride… - Risk Analysis: An …, 2010 - Wiley Online Library
Elicitation of expert opinion is important for risk analysis when only limited data are
available. Expert opinion is often elicited in the form of subjective confidence intervals; …

Is financial literacy dangerous? Financial literacy, behavioral factors, and financial choices of households

T Kawamura, T Mori, T Motonishi, K Ogawa - Journal of the Japanese and …, 2021 - Elsevier
Using original purpose-built 2018 Japanese survey data, we estimate the financial
behaviors and attitudes of households. We find that financial literacy plays an important and …