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- W1995208146 abstract "Abstract In four studies, students assigned verbal probabilistic phrases (like ‘improbable’, ‘probable’, ‘great chances’) to outcomes of uncertain events. High-probability terms were commonly used to characterize low-probability outcomes in situations having several alternatives, especially when these were approximately equiprobable. Thus in contents between 4 to 8 equally strong competitors, several of these may be described as having ‘great chances’ or as a ‘probable’ winner. Although both numerical and verbal probabilities tend to be overestimated in connection with multi-outcome events, situations with equally likely alternatives will favor distributive numerical probabilities (with a sum of 1.00) but non-distributive verbal probabilities (all outcomes reported to be ‘highly probable’). Such verbal expressions are interpreted to reflect a Leibnizian probability concept, in which ‘highly probable’ means that the alternative in question can ‘easily’ occur." @default.
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- W1995208146 date "1988-05-01" @default.
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- W1995208146 title "When are low-probability events judged to be ‘probable’? Effects of outcome-set characteristics on verbal probability estimates" @default.
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- W1995208146 doi "https://doi.org/10.1016/0001-6918(88)90011-x" @default.
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