{"title":"The Experienced Utility of Expected Utility Approaches","authors":"Baruch Fischhoff, Bernard Goitein, Z. Shapira","doi":"10.21236/ada088698","DOIUrl":null,"url":null,"abstract":"Abstract : Reviewing many research results, the present report concludes: (a) the ability of the weighted average models to predict the decisions that people make varies from situation to situation; (b) even where they are successful in predicting decisions, these models may not do a very good job of describing the psychological processes that determined them. That is, their predictive accuracy is in part an artifact of the research techniques used.","PeriodicalId":106177,"journal":{"name":"Expectations and Actions","volume":"10 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1980-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"8","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Expectations and Actions","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.21236/ada088698","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 8
Abstract
Abstract : Reviewing many research results, the present report concludes: (a) the ability of the weighted average models to predict the decisions that people make varies from situation to situation; (b) even where they are successful in predicting decisions, these models may not do a very good job of describing the psychological processes that determined them. That is, their predictive accuracy is in part an artifact of the research techniques used.
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