Comparing input interfaces to elicit belief distributions

This paper introduces a new software interface to elicit belief distributions of any shape: Click-and-Drag. The interface was tested against the state of the art in the experimental literature—a text-based interface and multiple sliders—and in the online forecasting industry—a distribution-manipulat...

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Main Authors: Paolo Crosetto, Thomas de Haan
Format: Article
Language:English
Published: Cambridge University Press 2023-01-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297523000219/type/journal_article
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author Paolo Crosetto
Thomas de Haan
author_facet Paolo Crosetto
Thomas de Haan
author_sort Paolo Crosetto
collection DOAJ
description This paper introduces a new software interface to elicit belief distributions of any shape: Click-and-Drag. The interface was tested against the state of the art in the experimental literature—a text-based interface and multiple sliders—and in the online forecasting industry—a distribution-manipulation interface similar to the one used by the most popular crowd-forecasting website. By means of a pre-registered experiment on Amazon Mechanical Turk, quantitative data on the accuracy of reported beliefs in a series of induced-value scenarios varying by granularity, shape, and time constraints, as well as subjective data on user experience were collected. Click-and-Drag outperformed all other interfaces by accuracy and speed, and was self-reported as being more intuitive and less frustrating, confirming the pre-registered hypothesis. Aside of the pre-registered results, Click-and-Drag generated the least drop-out rate from the task, and scored best in a sentiment analysis of an open-ended general question. Further, the interface was used to collect homegrown predictions on temperature in New York City in 2022 and 2042. Click-and-Drag elicited distributions were smoother with less idiosyncratic spikes. Free and open source, ready to use oTree, Qualtrics and Limesurvey plugins for Click-and-Drag, and all other tested interfaces are available at https://beliefelicitation.github.io/.
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spelling doaj.art-b00ab2b6da004945a78b327c4d44592f2023-08-18T07:41:32ZengCambridge University PressJudgment and Decision Making1930-29752023-01-011810.1017/jdm.2023.21Comparing input interfaces to elicit belief distributionsPaolo Crosetto0https://orcid.org/0000-0002-9153-0159Thomas de Haan1https://orcid.org/0000-0001-8658-3232GAEL, Grenoble INP, CNRS, INRAE, Université Grenoble Alpes, Grenoble, FranceDepartment of Economics, University of Bergen, Bergen, NorwayThis paper introduces a new software interface to elicit belief distributions of any shape: Click-and-Drag. The interface was tested against the state of the art in the experimental literature—a text-based interface and multiple sliders—and in the online forecasting industry—a distribution-manipulation interface similar to the one used by the most popular crowd-forecasting website. By means of a pre-registered experiment on Amazon Mechanical Turk, quantitative data on the accuracy of reported beliefs in a series of induced-value scenarios varying by granularity, shape, and time constraints, as well as subjective data on user experience were collected. Click-and-Drag outperformed all other interfaces by accuracy and speed, and was self-reported as being more intuitive and less frustrating, confirming the pre-registered hypothesis. Aside of the pre-registered results, Click-and-Drag generated the least drop-out rate from the task, and scored best in a sentiment analysis of an open-ended general question. Further, the interface was used to collect homegrown predictions on temperature in New York City in 2022 and 2042. Click-and-Drag elicited distributions were smoother with less idiosyncratic spikes. Free and open source, ready to use oTree, Qualtrics and Limesurvey plugins for Click-and-Drag, and all other tested interfaces are available at https://beliefelicitation.github.io/.https://www.cambridge.org/core/product/identifier/S1930297523000219/type/journal_articlebelief elicitationforecastingscoring rulesinterfaces
spellingShingle Paolo Crosetto
Thomas de Haan
Comparing input interfaces to elicit belief distributions
Judgment and Decision Making
belief elicitation
forecasting
scoring rules
interfaces
title Comparing input interfaces to elicit belief distributions
title_full Comparing input interfaces to elicit belief distributions
title_fullStr Comparing input interfaces to elicit belief distributions
title_full_unstemmed Comparing input interfaces to elicit belief distributions
title_short Comparing input interfaces to elicit belief distributions
title_sort comparing input interfaces to elicit belief distributions
topic belief elicitation
forecasting
scoring rules
interfaces
url https://www.cambridge.org/core/product/identifier/S1930297523000219/type/journal_article
work_keys_str_mv AT paolocrosetto comparinginputinterfacestoelicitbeliefdistributions
AT thomasdehaan comparinginputinterfacestoelicitbeliefdistributions