A Model for the Interpretation of Verbal Predictions
Predictive behavior has these objectives: validity of humans' predicting, conditions for making valid predictions and credibility of predictions. Some biases are - disregarding new information, using easily available data and disregard of statistical properties. A table shows characteristics of human information processing. A model for integrating new knowledge is explored. An experiment concerning verbal versus numerical forecasting is reported and the implications discussed.
Publication Name: International Journal of Man-Machine Studies
Subject: Engineering and manufacturing industries
Plucked in Frankfurt
Deutsche Borse AG CEO Rudiger Von Rosen will resign his post in Aug 1993. The firm, which runs the stock and derivatives exchanges in Frankfurt, Germany, is in disarray. Germany's three biggest banks have been trying to centralize securities trading in Frankfurt.
Publication Name: The Economist (UK)
Subject: Business, international
A weekend retreat to a converted cave dwelling in New Mexico's desert is described. The sandstone cave offers solitude but modern facilities to travelers in an unspoilt region near Mesa Verde National Park.
Publication Name: National Geographic Traveler
Subject: Travel, recreation and leisure