Using Tversky’s contrast model to investigate how features of similarity affect judgments of likelihood

Journal Title: Judgment and Decision Making - Year 2018, Vol 13, Issue 2

Abstract

The representativeness heuristic suggests that similarity judgments provide a basis for judgments of likelihood. We use Tversky’s (1977) contrast model of similarity to design tests of this underlying mechanism. If similarity is used to judge likelihood, factors that are known to affect similarity should also affect judgments of likelihood. In two experiments, we manipulated two such factors described in the contrast model of similarity: the nature of the task and context effects. In a between-subject design, respondents assessed either similarity of fictive citizens of 15th century Florence, or the likelihood that they belonged to the same family. The factors that affected similarity also affected the likelihood judgments. These results support the assumption that similarity is an important contributor to judgments of likelihood.

Authors and Affiliations

Mirta Galesic, A. Walkyria Goode, Thomas S. Wallsten and Kent L. Norman

Keywords

Related Articles

Sequential and simultaneous multiple explanation: Implications for alternative consideration when response options are not provided

This paper reports two experiments comparing variants of multiple explanation applied in the early stages of a judgment task (a case involving employee theft) where participants are not given a menu of response options....

Public policy for thee, but not for me: Varying the grammatical person of public policy justifications influences their support

Past research has shown that people consistently believe that others are more easily manipulated by external influences than they themselves are—a phenomenon called the “third-person effect” (Davison, 1983). The present...

Choosing with confidence: Self-efficacy and preferences for choice

Previous research on the role of choice set size in decision making has focused on decision outcomes and satisfaction. In contrast, little is known about interindividual differences in preferences for larger versus small...

Are buyers of apartments superstitious? Evidence from the Russian real estate market

We study the influence of numerological superstitions on people’s buying behavior in the apartment market using unique actual sales data. Based on the dataset from Saint-Petersburg primary real estate market we compare t...

Innumeracy and incentives: A ratio bias experiment

The Ratio-Bias phenomenon, observed by psychologist Seymour Epstein and colleagues, is a systematic manifestation of irrationality. When offered a choice between two lotteries, individuals consistently choose the lottery...

Download PDF file
  • EP ID EP678334
  • DOI -
  • Views 175
  • Downloads 0

How To Cite

Mirta Galesic, A. Walkyria Goode, Thomas S. Wallsten and Kent L. Norman (2018). Using Tversky’s contrast model to investigate how features of similarity affect judgments of likelihood. Judgment and Decision Making, 13(2), -. https://europub.co.uk/articles/-A-678334