14 - Chapter 14: Tom W’s Specialty
- an easy q., no specific info abt Tom, so just consult
[proportion of students in each area (base
rates)
- but everything changes w.
the following personality sketch of Tom
- first
given a sketch of Tom’s personality, we think of stereotypes, probably
comp. sci. for Tom — S1 was activated by various hints to invoke
stereotype — desc. deliberately aims at minor fields of study (comp. sci,
librarian, engineer), poor fit for more popular fields — i.e. an anti-base-rate” description —
notice that source of desc. is said to be not v. trustworthy
- representativeness = similarity (S1) to stereotypes — focus on fitness of sketch
w. stereotypes, ignore base rates — happens even w. grad. psych. students
or stat’cians who know relevant base rates, know sketch is not v. reliable
- substit’n
of similarity (easy) for probability (difficult)
- representativeness
vs. base rates
- if only
judging similarity, OK to ignore base rates, accuracy of desc.
- but ignoring
base rates & quality of evidence in probability assessments à mistakes
- for the
public probability is a vague notion (cf. scientist’s precise idea),
evokes S1’s mental shotgun, answers to easier q’s
- S1
assesses representativeness easily — e.g. He looks like a leader
- cf. book/movie
Moneyball, rep. vs stats
- judging
probability by the rep’ness heuristic (stereotypes) often works — e.g.
people who look friendly usually are, stereotypes hv some truth — but
stero. sometimes false, result in
neglect of base rates
- sin of representativeness
#1 — too willing to predict occurrence of unlikely (low base-rate) events
— e.g. a person reading NY Times on NY subway. Which more likely? Has a
PhD or no college degree — base rate info: more of the latter ride subway
than former — usually ignore base rates when hv info abt indiv. case,
improves when S2 is activated — ignoring base rates ß ignorance or laziness
- sin of representativeness
#2 — neglect quality of evidence
—psych’l sketch still infl. judg’t even knowing it is unreliable (WYSIATI)
- Note: when
quality of evidence is in doubt, stay close to base rate (stat’s)
- Bayesian
statistics — math’l rules that gov. how we shd alter assessments (prior
beliefs, base rates) in light of evidence
- Don’t
believe everythg that comes to mind — base rates are impt, even w. add’l evidence
abt current case
- keys to Bayesian reasoning:
- 1. anchor
judg’t of probabilty on plausible base rate
- 2.
question value of evidence — not
easy to do
- “The lawn
is well trimmed, the receptionist looks competent, and the furniture is
attractive, but this doesn’t mean it is a well-managed company. I hope the
board does not go by representativeness.”
- “This
start-up looks as if it could not fail, but the base rate of success in
the industry is extremely low. How do we know this case is different?”
- “They
keep making the same mistake: predicting rare events from weak evidence.
When the evidence is weak, one should stick with the base rates.”
- “I know
this report is absolutely damning, and it may be based on solid evidence,
but how sure are we? We must allow for that uncertainty in our thinking.”
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