Scoring Rules and Decision Analysis Education
@article{Bickel2010ScoringRA,
title={Scoring Rules and Decision Analysis Education},
author={J. E. Bickel},
journal={Decis. Anal.},
year={2010},
volume={7},
pages={346-357}
}Experiential learning is perhaps the most effective way to teach. One example is the scoring procedure used for exams in some decision analysis programs. Under this grading scheme, students take a multiple-choice exam, but rather than simply marking which answer they think is correct, they must assign a probability to each possible answer. The exam is then scored with a special scoring rule, under which students' best strategy is to avoid guessing and instead assign their true beliefs. Such a… CONTINUE READING
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