Examlex
Assuming that a society always operates on its production possibilities curve,an outward shift of the curve implies
Calibration Curve
A plot of accuracy against confidence judgments. The more the curve approaches a 45-degree line, the better the “calibration” or “fit” between accuracy and confidence.
Participants' Confidence
The level of belief individuals participating in an experiment or study have in their responses or judgments.
Deductive Reasoning
A logical process where a conclusion is based on the concordance of multiple premises that are generally assumed to be true.
Underconfidence
A cognitive bias in which individuals underestimate their knowledge, abilities, or performance.
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