Faculty of Mathematics, Physics
and Informatics
Comenius University Bratislava

Seminar of Cognitive Science - Lenka Kostovičová (21.11.2017)

Tuesday 21.11.2017 at 16:30, Lecture room I/9


20. 11. 2017 09.43 hod.
By: Igor Farkaš

Mgr. Lenka Kostovičová, PhD.:
Format-related biases in cognitive processing of probabilities and risks


Abstract:
Accurate understanding of probability and risk is crucial for informed choices. However, decades of research on human decision making have provided evidence that people are prone to numerous biases in probabilistic reasoning. Large part of these deviations is related to external representation of data. For instance, people are sensitive to statistical format of numerical information and to verbal probability framing. The lecture will cover three main themes: i) a short review of experimental evidence on how simple changes in information wording affect processing of risks and probabilities, ii) practical applications in medical, environmental and financial domain, and iii) suggestions and challenges for further research.