Causal Thinking in Judgment under Uncertainty

Many of the decisions we make, in trivial as well as in crucial matters, depend on the apparent likelihood of events such as the keeping of a promise, the success of an enterprise, or the response to an action. In general, we do not have adequate formal models to compute the probabilities of such events. Consequently, most evaluations of likelihood are subjective and intuitive. The manner in which people evaluate evidence to assess probabilities has aroused much research interest in recent years, e.g. Edwards (1968), Slovic (1972), Slovic, Fischhoff, and Lichtenstein (1975), Kahneman and Tversky (1973), and Tversky and Kahneman (1974). This research has identified different heuristics of intuitive thinking and uncovered characteristic errors and biases associated with them. The present paper is concerned with the role of causal thinking in the evaluation of evidence and in the judgment of probability.

[1]  Eugene Borgida,et al.  Attribution and the psychology of prediction. , 1975 .

[2]  L. J. Savage,et al.  The Foundations of Statistics , 1955 .

[3]  B. Fischhoff,et al.  Cognitive Processes and Societal Risk Taking , 1976 .

[4]  Henry E. Kyburg,et al.  Studies in Subjective Probability , 1965 .

[5]  Teddy Seidenfeld,et al.  Induction, Probability, and Confirmation , 1975 .

[6]  A. Tversky,et al.  Judgment under Uncertainty: Heuristics and Biases , 1974, Science.

[7]  B. Latané,et al.  Bystander intervention in emergencies: diffusion of responsibility. , 1968, Journal of personality and social psychology.

[8]  M. Hammerton,et al.  A case of radical probability estimation. , 1973 .

[9]  W. Salmon Confirmation and relevance , 1975 .

[10]  A. Tversky,et al.  Subjective Probability: A Judgment of Representativeness , 1972 .

[11]  R. Cattell,et al.  Formal representation of human judgment , 1968 .

[12]  P. Slovic,et al.  Dominance of accuracy information and neglect of base rates in probability estimation , 1976 .

[13]  A. Tversky,et al.  On the psychology of prediction , 1973 .

[14]  A. Tversky,et al.  BELIEF IN THE LAW OF SMALL NUMBERS , 1971, Pediatrics.

[15]  D. Nelson,et al.  Sequential Memory for Pictures and the Role of the Verbal System. , 1973 .

[16]  Murray Turoff,et al.  An alternative approach to cross impact analysis , 1971 .

[17]  Paul Slovic,et al.  From Shakespeare to Simon: speculations--and some evidence-- about man's ability to process information , 1972 .

[18]  Daniel Kahneman,et al.  Availability: A heuristic for judging frequency and probability , 1973 .

[19]  B. D. Finetti La prévision : ses lois logiques, ses sources subjectives , 1937 .