JoshuaZ comments on Experiment Idea Thread - Spring 2011 - Less Wrong
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Things I'd like to see tested which may or may not have been tested before but I haven't seen in the literature.
1) There's a lot of evidence that people are wildly overconfident. The most classic version of this is how if you ask people to give a range for something such that they are 90% sure they got it right, and do it for a long list of things (like say the populations of various countries) they will get much lower than 90%. Will be people more properly calibrate when there is money at stake? (This is something that Mass Driver and I discussed a while back.) The way I'd test this is after they've given the various options see what bets they are willing to take about their being correct and how closely they match their estimated confidence.
2) Are people who have learned about cognitive biases less likely to be subject to them to any substantial degree? The one I'm most curious about is the conjunction fallacy. The obvious way to test this is to put people who have just finished a semester of intro psychology or something similar and see if they show less of a conjunction bias than students who have not done so.
3) Can training make one better at the color-word version of the Stroop interference test?
Yes. The Stroop test is, along with spaced repetition, one of the most confirmed and replicated tasks in all of psychology, so it would be deeply surprising if no one had come up with training to make you better at the Stroop test. (Heck, there's plenty of training available for IQ tests - like taking a bunch of IQ tests.)
I'd put a very high confidence on that, but as it happens, I don't have to since I recently saw discussion of one result on Stroop test and meditation:
Or:
Thanks.
1) I'm surprised this hasn't already been done. Many economists like to argue that "people are rational when it counts" i.e. when there's stronger incentives. Similar to your proposal, I'm interested in seeing how priming affects decisions with incentives, and to my knowledge, this hasn't been done either (but IIRC it has been done without incentives).
2) IIRC the results have been replicated with economics and/or psychology graduate students (citation needed).
1) Different but related; people who trade stuff a lot suffer much less from the endowment effect, also while people are crap at randomising normally with money at stake they get better very quickly.
It is possible that 1) has been done but if so I haven't seen the studies.