Hindsight Bias

Yoav Ravid (+58/-93)
Ruby (+4/-4)
Grognor (+10)
Grognor (+64/-4)
Eliezer Yudkowsky (+422/-32) rewrote summary
Zack_M_Davis (-42) byline removal
PeerInfinity
Vladimir_Nesov
PeerInfinity
PeerInfinity (+47)

Hindsight biasBias is a tendency to overestimate the foreseeability of events that have actually happened. I.e., subjects given information about X, and asked to assign a probability that X will happen, assign much lower probabilities than subjects who are given the same information about X, are told that X actually happened, and asked to estimate the foreseeable probability of X. Experiments also show that instructing subjects to "avoid hindsight bias" has little or no effect.

Hindsight bias is a tendency to overestimate the foreseeability of events that have actually happened. I.e., subjects given information about X, and asked to assign a prioriprobability that X will happen, assign much lower probabilities than subjects who are given the same information about X, are told that X actually happened, and asked to estimate the foreseeable probability of an eventX. Experiments also show that instructing subjects to "avoid hindsight bias" has actually happened.little or no effect.

Load More (10/12)