TY - JOUR
T1 - Partition priming in judgments of imprecise probabilities
AU - Smithson, Michael
AU - Segale, Carl
PY - 2009
Y1 - 2009
N2 - On grounds of insufficient reason, a probability of 1/K is assigned to K mutually exclusive possible events when nothing is known about the likelihood of those events. Fox and Rottenstreich (2003) present evidence that subjective probability judgments are typically biased towards this ignorance prior, and therefore depend on the partition K. Results from two studies indicate that lower-upper (im18 precise) probability judgments by näıve judges also exhibit partition dependence, despite the potential that imprecise probabilities provide for avoiding it. However, beta regression reveals two kinds of priming effects, one of which is modeled by mixture distributions. Another novel finding suggests that when partition primes conflict with a normatively correct partition some judges widen their probability intervals to encompass both partitions. The results indicate that imprecise probability judgments may be better suited than precise probabilities for handling conflicting or ambiguous information about partitions.
AB - On grounds of insufficient reason, a probability of 1/K is assigned to K mutually exclusive possible events when nothing is known about the likelihood of those events. Fox and Rottenstreich (2003) present evidence that subjective probability judgments are typically biased towards this ignorance prior, and therefore depend on the partition K. Results from two studies indicate that lower-upper (im18 precise) probability judgments by näıve judges also exhibit partition dependence, despite the potential that imprecise probabilities provide for avoiding it. However, beta regression reveals two kinds of priming effects, one of which is modeled by mixture distributions. Another novel finding suggests that when partition primes conflict with a normatively correct partition some judges widen their probability intervals to encompass both partitions. The results indicate that imprecise probability judgments may be better suited than precise probabilities for handling conflicting or ambiguous information about partitions.
KW - Imprecise probability
KW - Judgment
KW - Partition
KW - Subjective probability
UR - http://www.scopus.com/inward/record.url?scp=85008826302&partnerID=8YFLogxK
U2 - 10.1080/15598608.2009.10411918
DO - 10.1080/15598608.2009.10411918
M3 - Article
SN - 1559-8608
VL - 3
SP - 169
EP - 181
JO - Journal of Statistical Theory and Practice
JF - Journal of Statistical Theory and Practice
IS - 1
ER -