No open-access location is known for this record yet.
No open-access location is known for this record yet.
The conjunction fallacy is a classical judgment bias that was argued to be insusceptible to the positive effect of incentivization. We conducted a meta-analysis of the literature (n = 3,276) and found that although most studies did not report a significant effect of incentivization, the results across studies show a significant positive effect for incentivization, d = 0.19, with an odds ratio of 1.40 for answering correctly when incentivized. The effect was relatively smaller when examining absolute differences in the probability of correct judgment, implying that it is partly driven by studies with low baseline performance. Additionally, most of the variance between studies was estimated to be due to random noise. These findings join those of other judgment-bias studies to suggest a small but nevertheless robust debiasing effect of incentivization. The findings further suggest cautious interpretation of moderators and null results in light of the extreme variance between individual study results given a small effect size in the population.
Loading…
Imported from OpenAlex (CC0) — nothing here is generated.