Familiarity Bias and Belief Reversal in Relative Likelihood Judgment

2000 ◽  
Vol 82 (2) ◽  
pp. 268-292 ◽  
Author(s):  
Craig R. Fox ◽  
Jonathan Levav
Keyword(s):  
Relative Likelihood ◽  
Likelihood Judgment ◽  
Familiarity Bias

Outsider CEOs Who Disappoint: Directors’ Ties, Familiarity Bias, and Flawed Hires

2021 ◽  
Vol 2021 (1) ◽  
pp. 10924
Author(s):  
Jiyeon Kang ◽  
Donald C. Hambrick ◽  
Timothy J. Quigley
Keyword(s):  
Familiarity Bias

In Reply: Relative Risk

PEDIATRICS ◽  
1985 ◽  
Vol 75 (6) ◽  
pp. 1169-1170
Author(s):  
W. THOMAS BOYCE
Keyword(s):  
Relative Risk ◽  
Relative Likelihood ◽  
Probability Ratio ◽  
Comparative Probability ◽  
Injury Causes

Sheps' point is appropriate and well-taken. Because of its greater familiarity to most readers, the term "relative risk" was used to refer to the comparative probability of various injury causes within sex and age categories of injured children. It would perhaps have been more accurate to describe this probability ratio as a "relative likelihood."

Brake Lamp Photometrics and Automobile Rear Signaling

1987 ◽  
Vol 29 (5) ◽  
pp. 533-540
Author(s):  
Michael Sivak ◽  
Michael Flannagan ◽  
Paul L. Olson
Keyword(s):  
Reaction Time ◽  
Monotonic Function ◽  
Luminous Intensity ◽  
Relevant Parameter ◽  
Signal Identification ◽  
Relative Likelihood ◽  
Average Luminance ◽  
Current Minimum ◽  
Relationship Of ◽  
The Relationship

The objective of this study was to evaluate the relationship of lamp photometrics to differentiation between brake and presence signals. To assess this relationship, signal identification was evaluated as a function of lamp photometrics under simulated dusk/dawn conditions. The following were the main results: (1) Luminous intensity was a better predictor of signal identification than was average luminance. (2) The likelihood of identifying a signal as a brake signal was a monotonic function of lamp intensity. (3) Reaction time was positively related to the degree of subjects' uncertainty (as measured by the relative likelihood of “brake” responses): reaction time was slowest when the likelihood of “brake” or “presence” responses was close to 50%, and it decreased as the likelihood increased or decreased away from 50%. (4) Reaction time in a condition simulating typical U.S. rear-lighting configuration was significantly faster than in a condition simulating typical European configuration. The present results provide support for retaining luminous intensity as the relevant parameter of automobile brake-lighting specifications. Furthermore, these results argue against reducing the current minimum of 80 cd for the brake-lamp luminous intensity.

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