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Biases and fallacies, memories and predictions

Comment on Roy, Christenfeld, and McKenzie (2005)

Bibliographic Data

ID4420152
AuthorsDale Griffin (0000-0003-0942-3897, University of British Columbia), Roger Buehler (Wilfrid Laurier University)
Year2005
Volume131
Issue5
Pages757-760
Publication date2005-01-01
Open AccessNo
TypeARTICLE
VenuePsychological Bulletin (JOURNAL)
Journal identifiersISSN: 0033-2909 • E-ISSN: 1939-1455
PublisherAmerican Psychological Association (APA) (PUBLISHER)
DOI10.1037/0033-2909.131.5.757
PMID16187857
OpenAlexW2042676943
LanguageEN
Citations received5
References cited15

Comparative theory testing is a useful method for assessing the value of a new theoretical account such as the memory bias account of optimistic time predictions. However, such comparisons can be misleading when they do not carefully consider the domain limitations of the respective theories. M. M. Roy, N. J. S. Christenfeld, and C. R. M. McKenzie have contrasted the memory bias and planning fallacy accounts in their ability to explain the prevalence and degree of optimistic bias in time predictions. However, the authors argue that many of the points of distinction they draw are actually reflections of the domain limitations of the 2 theories. The authors clarify the definition and scope of the planning fallacy account and show how the apparent contradictions diminish or disappear

Cognitive psychology · Econometrics · Economics · Epistemology · Fallacy · Positive economics · Scope (computer science) · Statistics · Value (mathematics) · Behavioral Health and Interventions · Computer Science · Decision-Making and Behavioral Economics · Mathematics · Philosophy · Psychology · Social and Intergroup Psychology · Social Psychology

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Citations per year0.24
Citation span2005 - 2021 (17)
Highly citedNo

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