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Effects of Amount of Information on Judgment Accuracy and Confidence

Organizational Behavior and Human Decision Processes, Vol. 107, pp. 97-105, 2008
  • 9
    Citations
  • 8,345
    Usage
  • 7
    Captures
  • 2
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    9
    • Citation Indexes
      9
  • Usage
    8,345
    • Abstract Views
      7,364
    • Downloads
      981
  • Captures
    7
    • Readers
      7
      • SSRN
        7
  • Mentions
    2
    • News Mentions
      2
      • 2
  • Ratings
    • Download Rank
      47,180

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Paper Description

When a person evaluates his or her confidence in a judgment, what is the effect of receiving more judgment-relevant information? We report three studies that show when judges receive more information, their confidence increases more than their accuracy, producing substantial confidence-accuracy discrepancies. Our results suggest that judges do not adjust for the cognitive limitations that reduce their ability to use additional information effectively. We place these findings in a more general framework of understanding the cues to confidence that judges use and how those cues relate to accuracy and calibration.

Bibliographic Details

Claire I. Tsai; Joshua Klayman; Reid Hastie

Judgment; Confidence; Accuracy; Football; Overconfidence; Calibration; Amount; Validity

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