TY - JOUR

T1 - Correction

T2 - The effect of sample size and cognitive strategy on probability estimation bias" [Decision, 2, 2, (2015) (107-117)] DOI: 10.1037/dec0000027

AU - Shteingart, Hanan

AU - Loewenstein, Yonatan

PY - 2015

Y1 - 2015

N2 - In the article "The Effect of Sample Size and Cognitive Strategy on Probability Estimation Bias," by Hanan Shteingart and Yonatan Loewenstein (Decision, Advance online publication. February 9, 2015. http://dx.doi.org/10.1037/dec0000027), there was an error in the second paragraph of page 4. In the equation for the case of n = 2, the following sentence was incorrectly set, "Therefore, underweighting of rare events is more likely if and only if (1-p)2<.5, which implies that p<1-1/√2~0.3." It should have read, "Therefore, underweighting of rare events is more likely if and only if (1-p)2>.5, which implies that p<1-1/√2~0.3".

AB - In the article "The Effect of Sample Size and Cognitive Strategy on Probability Estimation Bias," by Hanan Shteingart and Yonatan Loewenstein (Decision, Advance online publication. February 9, 2015. http://dx.doi.org/10.1037/dec0000027), there was an error in the second paragraph of page 4. In the equation for the case of n = 2, the following sentence was incorrectly set, "Therefore, underweighting of rare events is more likely if and only if (1-p)2<.5, which implies that p<1-1/√2~0.3." It should have read, "Therefore, underweighting of rare events is more likely if and only if (1-p)2>.5, which implies that p<1-1/√2~0.3".

UR - http://www.scopus.com/inward/record.url?scp=85034570807&partnerID=8YFLogxK

U2 - 10.1037/dec0000035

DO - 10.1037/dec0000035

M3 - Comment/debate

AN - SCOPUS:85034570807

SN - 2325-9965

VL - 2

SP - 126

JO - Decision

JF - Decision

IS - 2

ER -