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Based on existing evidence, it seems that subjects tend to exhibit a central tendency when participating in belief elicitation tasks. However, we suggest that this phenomenon may be attributed to the method of elicitation being used. As an illustration, it's possible that subjects experience choice overload when presented with a slider bar containing 100 choices, which could contribute to the observed central tendency in their responses. Our research findings indicate that using a new method called the dynamic binary method leads to improved performance in real-life tasks compared to the slider bar method. This suggests that people may experience cognitive uncertainty during decision-making processes, and that alternative methods may help mitigate this issue.
Presenter(s)
Xin Jiang, University of California, Santa Barbara
Non-Presenting Authors
Jing Zhou, University of California, Santa Barbara