Flugstad, A., & Windschitl, P. D. (2003). The influence of reasons on interpretations
of probability forecasts. Journal of Behavioral Decision Making, 16,
107-126.
When providing
a probability estimate for an event, experts often supply reasons that they
expect will clarify and support that estimate. We investigated the possible
unintended influence that these reasons might have on a listener's intuitive
interpretation of the event's likelihood. Experiments 1 and 2 demonstrated that
people who read positive reasons for a doctor's probability estimate regarding
a hypothetical surgery were more optimistic than those who read negative reasons
for the identical estimate. Experiment 3 tested whether a doctor's failure forecast
for a surgery would result in differing levels of pessimism when the potential
risk was attributed to one complication that had a probability of .30 versus
three complications that had a disjunctive probability of .30. Overall, the
findings are consistent with the argument that a probability estimate, albeit
numerically precise, can be flexibly interpreted at an intuitive level depending
on the reasons that the forecaster provides as the basis for the estimate.