Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/59556
Type: | Conference paper |
Title: | Repeated judgements in elicitation tasks: Efficacy of the MOLE method |
Author: | Welsh, M. Lee, M. Begg, S. |
Citation: | Proceedings of the 31st Annual Conference of the Cognitive Science Society (COGSCI 2009): 1529-1534 |
Publisher: | Cognitive Science Society |
Publisher Place: | Netherlands |
Issue Date: | 2009 |
Conference Name: | Annual Conference of the Cognitive Science Society (31st : 2009 : Amsterdam, The Netherlands) |
Statement of Responsibility: | Matthew B. Welsh, Michael D. Lee and Steve H. Begg |
Abstract: | Recent work has demonstrated the benefits of repeated judgments in improving the accuracy of estimates – both independent and repeated, individual judgments. The More- Or-Less-Elicitation (MOLE) method has previously been shown to improve accuracy and precision of elicitation over single judgment elicitations (Welsh, Lee, & Begg, 2008). In this paper, we show the MOLE method delivers superior gains, in terms of both accuracy and calibration, over repeated-judgment elicitation, while taking significantly less time and not requiring filler tasks to distract participants from previous estimates. We argue that the structure of the MOLE method acts in the same manner as repeated judgment, resulting in multiple searches across the relevant space, without the associated problems of standard repeated judgments methods, such as additional time and participant recall and repetition of prior estimates. |
Keywords: | Elicitation uncertainty overconfidence repeated judgments |
Rights: | © the authors |
Appears in Collections: | Aurora harvest 5 Australian School of Petroleum publications Environment Institute publications |
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