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Normative models of jdm - Study guides, Class notes & Summaries

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COGS 170 Exam 1 Questions with Correct Answers

  • COGS 170 Exam 1 Questions with Correct Answers

  • Exam (elaborations) • 8 pages • 2024
  • COGS 170 Exam 1 Questions with Correct Answers What is JDM? - ANSWER judgement and decision making -the study of intuitive statistics -the study of human decision making behavior, formal decision models, and the differences between the two Normative models of JDM -what are they -the goals -where do they originate - ANSWER -they are mathematical models that allow us to evaluate a judgement -goal-compare and improve judgements to standards that allow evaluations -originate from probability theor...
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