Confidence in aggregation of expert opinions

被引:94
作者
Budescu, DV [1 ]
Rantilla, AK [1 ]
机构
[1] Univ Illinois, Dept Psychol, Champaign, IL 61820 USA
关键词
experts; advisors; confidence; aggregation; combination rules;
D O I
10.1016/S0001-6918(00)00037-8
中图分类号
B84 [心理学];
学科分类号
04 ; 0402 ;
摘要
We investigate the case of a single decision maker (DM) who obtains probabilistic forecasts regarding the occurrence of a unique target event from J distinct, symmetric, and equally diagnostic expert advisors (judges). The paper begins with a mathematical model of DM's aggregation process of expert opinions, in which confidence in the final aggregate is shown to be inversely related to its perceived variance. As such, confidence is expected to vary as a function of factors such as the number of experts, the total number of cues, the fraction of cues available to each expert, the level of inter-expert overlap in information, and the range of experts' opinions. In the second part of the paper, we present results from two experiments that support the main (ordinal) predictions of the model. (C) 2000 Elsevier Science B.V. All rights reserved. PsycINFO classification: 2340, 3650.
引用
收藏
页码:371 / 398
页数:28
相关论文
共 54 条
[1]  
ANDERSON NH, 1981, INFORMATION INTEGRAT
[2]  
ARMSTRONG JS, 2000, PRINCIPLES FORECASTI
[3]   AGGREGATING SUBJECTIVE FORECASTS - SOME EMPIRICAL RESULTS [J].
ASHTON, AH ;
ASHTON, RH .
MANAGEMENT SCIENCE, 1985, 31 (12) :1499-1508
[4]   COMBINING THE JUDGMENTS OF EXPERTS - HOW MANY AND WHICH ONES [J].
ASHTON, RH .
ORGANIZATIONAL BEHAVIOR AND HUMAN DECISION PROCESSES, 1986, 38 (03) :405-414
[5]  
Budescu DV, 1997, J BEHAV DECIS MAKING, V10, P157, DOI 10.1002/(SICI)1099-0771(199709)10:3<157::AID-BDM260>3.0.CO
[6]  
2-#
[7]  
Clemen R. T., 1986, WEATHER FORECAST, V1, P213
[8]  
CLEMEN RT, 1987, MANAGE SCI, V33, P373, DOI 10.1287/mnsc.33.3.373
[9]   Combining probability distributions from experts in risk analysis [J].
Clemen, RT ;
Winkler, RL .
RISK ANALYSIS, 1999, 19 (02) :187-203
[10]   COMBINING FORECASTS - A REVIEW AND ANNOTATED-BIBLIOGRAPHY [J].
CLEMEN, RT .
INTERNATIONAL JOURNAL OF FORECASTING, 1989, 5 (04) :559-583