An Assessment of the Quality of Subjective Probability Judgements in a Naturalistic Setting

B. Alistair, Johnson and J.E.V.

Working Papers from University of Southampton - Department of Accounting and Management Science

Abstract: The objective of this paper is to explore the extent to which human judgement and resultant decision-making in a natural setting reflects the performance characteristics suggested by experimental work. in order to explore the quality of decisions made in a natural setting, an analysis is undertaken of bets placed on 19 396 hoeses in the UK parimutuel betting market.

Keywords: DECISION MAKING; PROBABILITY; BEHAVIOUR (search for similar items in EconPapers)
JEL-codes: D80 D83 (search for similar items in EconPapers)
Pages: 37 pages
Date: 1999
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fth:sotoam:99-146

Ordering information: This working paper can be ordered from
http://www.soton.ac.uk/~econweb/dp/discp.html

Access Statistics for this paper

More papers in Working Papers from University of Southampton - Department of Accounting and Management Science University of Southampton, Department of Accounting & Mangement Science, Southampton S09 5NH UK.. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().