Construct · 1 fields · 1 citations

compound event bias: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Judgment and decision making

the overestimation of the probability of conjunctive events and underestimation of disjunctive events, tied to anchoring on the single-stage probability.

In judgment and decision making, compound event bias refers to the overestimation of the probability of conjunctive events and underestimation of disjunctive events, tied to anchoring on the single-stage probability. This meaning comes from Bar-Hillel (1973) in Organizational Behavior and Human Performance.[1]

Unit
Recovery means
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Nearby constructs

anchoring3 fields · 4 citationsjingle · one word, three constructs bias6 fields · 8 citationsjingle · one name, six constructs compound3 fields · 3 citationsjingle · one word, three constructs

References

Bar-Hillel, M. (1973). On the subjective probability of compound events. Organizational Behavior and Human Performance, 9(3), 396-406. https://doi.org/10.1016/0030-5073(73)90061-5

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