Experimental Studies of CADA-Based Utility Assessment Procedures.

Abstract

Several experiments were performed to investigate the degree of incoherence associated with, and the extent of biases caused by, the certainty and anchoring effects for the following utility assessment procedures: standard gamble fixed state (without and with overfitting and least squares incoherence resolution), regional coherence, and local coherence. Several elicitation formats were also compared. The purpose of these experiments was to assist in the development of a reliable (coherent), bias-free, CADA-based method of utility assessment for general use in educational evaluation. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1981
Accession Number
ADA097466

Entities

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  • Laura R. Novick
  • Melvin R. Novick
  • Nancy J. Turner

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  • University of Iowa

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