Philosophers commonly define knowledge as justified true beliefs. A heated debate exists, however, about what makes a belief justified. In this article, we examine the question of belief justification from a psychological perspective, focusing on the subjective confidence in a belief that the person has just formed. Participants decided whether to accept or reject a proposition depicting a social belief, and indicated their confidence in their choice. The task was repeated six times, and choice latency was measured. The results were (...) analyzed within a Self-Consistency Model of subjective confidence. According to SCM, the decision to accept or reject a proposition is based on the on-line sampling of representations from a pool of representations associated with the proposition. Respondents behave like intuitive statisticians who infer the central tendency of a population based on a small sample. Confidence depends on the consistency with which the belief was supported across the sampled representations, and reflects the likelihood that a new sample will yield the same decision. The results supported the assumption of a commonly shared population of representations associated with each proposition. Based on this assumption, analyses of within-person consistency and cross-person consensus provided support for the model. As expected, choices that deviated from the person’s own modal judgment or from the consensually held judgment took relatively longer to form and were associated with relatively lower confidence, presumably because they were based on non-representative samples. The results were discussed in relation to major epistemological theories – foundationalism, coherentism and reliabilism. (shrink)

One of the main themes that has emerged from behavioral decision research during the past three decades is the view that people's preferences are often constructed in the process of elicitation. This idea is derived from studies demonstrating that normatively equivalent methods of elicitation (e.g., choice and pricing) give rise to systematically different responses. These preference reversals violate the principle of procedure invariance that is fundamental to all theories of rational choice. If different elicitation procedures produce different orderings of options, (...) how can preferences be defined and in what sense do they exist? This book shows not only the historical roots of preference construction but also the blossoming of the concept within psychology, law, marketing, philosophy, environmental policy, and economics. Decision making is now understood to be a highly contingent form of information processing, sensitive to task complexity, time pressure, response mode, framing, reference points, and other contextual factors. (shrink)