Subjective Probability Forecasts for Recessions

2006 ◽  
Vol 41 (2) ◽  
pp. 26-37 ◽  
Author(s):  
Kajal Lahiri ◽  
J George Wang
Keyword(s):  
Subjective Probability ◽  
Probability Forecasts

Decision Making with Probability Forecasts of Rainfall

1989 ◽  
Vol 64 (3_suppl) ◽  
pp. 1051-1055
Author(s):  
Yoshiaki Nakajima ◽  
Hirohiko Ohta
Keyword(s):  
College Students ◽  
Decision Making ◽  
Subjective Probability ◽  
Weather Condition ◽  
Probability Forecasts

Decision making with probability forecasts of rainfall was investigated experimentally by considering three variables, i.e., the rainfall probability, the duration of being away from home, and the outdoor weather condition. 274 Japanese college students were asked to make decisions on the necessity for person A to take an umbrella with him under 16 different conditions. Analysis showed obviously that the necessity tended to increase as probability of rainfall rose, as duration became longer, and also as the outdoor weather was cloudy rather than clear. Discussion of these results considered recent studies of decision making and subjective probability.

Subjective Probability of Receiving Harm as a Function of Attraction and Harm Delivered

1971 ◽  
Author(s):  
Barry R. Schlenker ◽  
Robert Brown ◽  
James T. Tedeschi
Keyword(s):  
Subjective Probability

Subjective probability and decision strategy.

1969 ◽  
Vol 79 (1, Pt.1) ◽  
pp. 133-138 ◽  
Author(s):  
Lee Roy Beach ◽  
James A. Wise
Keyword(s):  
Subjective Probability ◽  
Decision Strategy
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