Cited by 31Decision-Making and Behavioral EconomicsStudent Assessment and FeedbackEducational Technology and Assessment

Scoring Rules and Decision Analysis Education

Bickel, J. Eric·2010·Decision Analysis

Abstract

Experiential learning is perhaps the most effective way to teach. One example is the scoring procedure used for exams in some decision analysis programs. Under this grading scheme, students take a multiple-choice exam, but rather than simply marking which answer they think is correct, they must assign a probability to each possible answer. The exam is then scored with a special scoring rule, under which students' best strategy is to avoid guessing and instead assign their true beliefs. Such a scoring function is known as a strictly proper scoring rule. In this paper, we discuss several different scoring rules and demonstrate how their use in testing situations provides insights for both students and instructors.

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Crossref · 10.1287/deca.1100.0184

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Authors
Bickel, J. E.
Affiliations
The University of Texas at Austin (US)
Corresponding author
Bickel, J. Eric
Venue
Decision Analysis
Published
2010-12
Volume
7
Issue
4
Pages
346-357
ISSN
  • 1545-8490 (ISSN-L)
  • 1545-8504
OpenAlex
W2123564302
Cited by
31
References
3
Citations by year
2026: 1 · 2025: 2 · 2024: 1 · 2023: 1 · 2022: 2 · 2020: 4 · 2019: 1 · 2018: 3 · 2016: 2 · 2015: 2 · 2014: 1 · 2013: 4 · 2012: 2
FWCI
2.21
Type
journal article
Language
en
Open access
closed
Locations
Decision Analysis (publishedVersion)
Topics
  • Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
  • Social Sciences › Education › Student Assessment and Feedback
  • Physical Sciences › Computer Science › Information Systems › Educational Technology and Assessment
Keywords
scoring rules, strictly proper scoring rules, multiple-choice tests, probability elicitation, experiential learning, test scoring, belief elicitation, guessing

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