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Bayes, Levi, and the taxicabs
Published online by Cambridge University Press: 09 April 2001
Abstract
Stanovich & West (S&W) are wrong to think that all “reject-the-norm” theorists simply wish to reduce the normative/descriptive gap. They have misunderstood Issac Levi's reasons for rejecting Tversky and Kahneman's normative assumptions in the “base-rate” experiments. In their discussion of the taxicab experiment, (S&W) erroneously claim that subjects' responses indicate whether they have reasoned in accordance with Bayesian principles or not.
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- © 2000 Cambridge University Press