Clarifying the advantage of small samples: As it relates to statistical Wisdom and Cahan's (2010) normative intuitions

On the basis of earlier findings, we (Fiedler & Kareev, 2006) presented a statistical decision model that explains the conditions under which small samples of information about choice alternatives inform more correct choices than large samples. Such a small-sample advantage (SSA) is predicted fo...

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Bibliographic Details
Main Authors: Fiedler, Klaus (Author) , Kareev, Yaakov (Author)
Format: Article (Journal)
Language:English
Published: 2011
In: Journal of experimental psychology. Learning, memory, and cognition
Year: 2011, Volume: 37, Issue: 4, Pages: 1039-1043
ISSN:1939-1285
DOI:10.1037/a0023259
Online Access:Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1037/a0023259
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Author Notes:Fiedler, K., & Kareev, Y.