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Calibration of judgement
Calibration is the degree to which - in judgement situations - confidence matches accuracy. An actor would be considered well-calibrated if, for example, with judgements assigned a .75 probability of being correct, 70% of the actor's judgements were accurate. Perfect calibration in this example would mean 75% accuracy for this current decision set.
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Glossary of selected Judgement & Decision-making, Belief-related, and other Psychology terms A-Z » Labels:
calibration of judgement, judgement calibration, definition: ‘calibration of judgement’, the degree to which – in judgement situations – confidence matches accuracy |