What Are the Odds?: Comparing Implicit and Explicit Numeric Representations of Verbal Probability Expressions
Year: 2026
Type: preprint
Abstract: In the current study, we will examine the gap between the numerical probability a person explicitly assigns to a Verbal Probability Expression (VPE) and the implicit probability revealed by their choices under monetary risk. Specifically, we investigate whether these two interpretations converge, and which measure better reflects the expression's actual weight in decision-making.
Authors: Levy Lab, Korem, Nachshon, Li, Kevin, Levy, Ifat
Language: English
Subfield: General Decision Sciences
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7164515528