Effects of ignorance and information on judgments and decisions

@inproceedings{Ayton2011EffectsOI,
  title={Effects of ignorance and information on judgments and decisions},
  author={Peter Ayton and Dilek {\"O}nkal and Lisa J. McReynolds},
  year={2011}
}
We compared Turkish and English students’ soccer forecasting for English soccer matches. Although the Turkish students knew very little about English soccer, they selected teams on the basis of familiarity with the team (or its identified city); their prediction success was surprisingly similar to knowledgeable English students—consistent with Goldstein and Gigerenzer’s (1999; 2002) characterization of the recognition heuristic. The Turkish students made forecasts for some of the matches with… CONTINUE READING

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