We propose a simple method for choosing a probability distribution as an approximation to a set of incoherent probability judgments. In two different domains we demonstrate that the resulting (coherent) probability estimates come closer to the observed relative frequencies than do the original incoherent judgments.
|Original language||English (US)|
|Number of pages||8|
|Journal||Organizational Behavior and Human Decision Processes|
|State||Published - Jan 1997|
All Science Journal Classification (ASJC) codes
- Applied Psychology
- Organizational Behavior and Human Resource Management