Scale construction from a decisional viewpoint
Many quantitative scales are constructed using cutoffs on a continuum with scores assigned to the cutoffs. This paper develops a framework for using or constructing such scales from a decision-making standpoint. It addresses questions such as: How many distinct thresholds or cutoffs on a scale (i.e., what levels of granularity) are useful for a rational agent? Where should these thresholds be placed given a rational agent's preferences and risk-orientation? Do scale score assignments have any...[Show more]
|Collections||ANU Research Publications|
|Source:||Minds and Machines: journal for artificial intelligence, philosophy and cognitive sciences|
|01_Smithson_Scale_construction_from_a_2006.pdf||318.62 kB||Adobe PDF||Request a copy|
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