TITLE

ANALYZING THE EXPERT JUDGE: A DESCRIPTIVE STUDY OF A STOCKBROKER'S DECISION PROCESSES

AUTHOR(S)
Slovic, Paul
PUB. DATE
August 1969
SOURCE
Journal of Applied Psychology;Aug69, Vol. 53 Issue 4, p255
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This study illustrates an analysis-of-variance technique for describing the use of information by persons making complex judgments. The Ss were two stock-brokers who rated the growth potential of stocks on the basis of 11 factors taken from Standard & Poor's reports. The technique proved capable of providing a precise quantitative description of configural and nonconfigural information utilization. Each broker exhibited a substantial amount of configural processing. The technique appears to have promise for providing experts with insight into their own processes and for teaching and evaluating "student" judges.
ACCESSION #
12360371

 

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