The sensitivity of subjective probability to time and elicitation method

B-Tier
Journal: Journal of Risk and Uncertainty
Year: 2007
Volume: 34
Issue: 3
Pages: 201-216

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The paper reports the results of a survey designed to elicit probability judgements for different types of events: ‘pure chance’ events, for which objective probabilities can be calculated; ‘public’ events, about which there may be some discussion in social groups and the media; and ‘personal’ events, such as those relating to crime or accidental injury. Even among respondents deemed to be ‘well-calibrated’ in the domain of pure chance events we find limited sensitivity to the ‘temporal scope’ of public and personal events—this being especially marked for personal events. We discuss possible reasons and some implications for policy-related survey work. Copyright Springer Science+Business Media, LLC 2007

Technical Details

RePEc Handle
repec:kap:jrisku:v:34:y:2007:i:3:p:201-216
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25