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ISIPTA
2003
IEEE

Inter-Personal Communication of Precise and Imprecise Subjective Probabilities

13 years 9 months ago
Inter-Personal Communication of Precise and Imprecise Subjective Probabilities
We analyze communication of uncertainty among individuals as a function of the parties’ preference for modes of communication. We assume that different individuals may prefer precise Numerical probabilities, Ranges of probabilities or Verbal descriptions of probabilities, and consider all possible pairings of communicators and receivers under this classification. We propose a general criterion of optimal conversion among the various modalities, describe several instantiations tailored to fit the special features of the various modalities, and illustrate the efficacy of the proposed procedures with empirical results from several experiments. Keywords subjective probability, judgment, inter-personal translation, verbal probabilities
David V. Budescu, Tzur M. Karelitz
Added 04 Jul 2010
Updated 04 Jul 2010
Type Conference
Year 2003
Where ISIPTA
Authors David V. Budescu, Tzur M. Karelitz
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