Ratio Bias Across Cultures and Disciplines: How Academic Background Shapes Statistical Decision-Making

IF 1.8 3区 心理学 Q3 PSYCHOLOGY, APPLIED
Jochen Baumeister, Bernhard Streicher, Eva Lermer
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引用次数: 0

Abstract

Ratios are an instrumental component of the communication of probabilities such as COVID incidence rates, side effects of medical drugs, or political decision-making; hence, they are a critical component of an individual's statistical decision-making. Research on the ratio bias has shown inconsistent results based on six major shortcomings which we surmount by replicating an identical experiment with students in Germany, Turkey, and Italy, with a physical, textual, and graphical depiction, and accounting for different levels of exposure to probabilities. In six studies (N = 1338), we show that lower exposure to probabilities leads to significantly more ratio bias–conform choices. The results also suggest that higher levels of statistical numeracy and risk literacy reduce ratio bias–conform choices. Our contribution helps to better understand the ratio bias concerning different populations and highlights different baselines for ratio bias–conform choices among subgroups in the population.

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来源期刊
CiteScore
4.40
自引率
5.00%
发文量
40
期刊介绍: The Journal of Behavioral Decision Making is a multidisciplinary journal with a broad base of content and style. It publishes original empirical reports, critical review papers, theoretical analyses and methodological contributions. The Journal also features book, software and decision aiding technique reviews, abstracts of important articles published elsewhere and teaching suggestions. The objective of the Journal is to present and stimulate behavioral research on decision making and to provide a forum for the evaluation of complementary, contrasting and conflicting perspectives. These perspectives include psychology, management science, sociology, political science and economics. Studies of behavioral decision making in naturalistic and applied settings are encouraged.
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