Forecasting forecasts: The trend effect
People often make predictions about the future based on trends they have observed in the past. Revised probabilistic forecasts can be perceived by the public as indicative of such a trend. In five studies, we describe experts who make probabilistic forecasts of various natural events (effects of cli...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2015-09-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/15/15624a/jdm15624a.pdf |