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. 2020 Jul 3;11:678. doi: 10.3389/fpsyg.2020.00678

TABLE 1.

Overview of most common update strategies.

Processed information
Strategy types, variants/denotations Likelihood/positive-when-true rate Likelihoods of alternatives/positive-when-positive rate Prior probabilities/base rate
Prior-only strategy (POS) Conservatism (Edwards, 1968; Zhu and Gigerenzer, 2006); base-rate only (Gigerenzer and Hoffrage, 1995) X
Single evidence strategies (SES) Representative thinking (Zhu and Gigerenzer, 2006); Fisherian (Gigerenzer and Hoffrage, 1995); inverse fallacy (Villejoubert and Mandel, 2002) X
Combined evidence strategies (CES) Evidence only (Zhu and Gigerenzer, 2006); likelihood subtraction (Gigerenzer and Hoffrage, 1995) X X
Bayesian update strategy (BUS) Bayesian update (correct application of the Bayes’ rule) X X X