Reasoning and choice in the Monty Hall Dilemma (MHD): implications for improving Bayesian reasoning.

Front Psychol

Departament de Psicologia Bàsica, Facultat de Psicologia, Universitat de Barcelona, Barcelona Spain ; Research Institute for Brain, Cognition and Behavior, University of Barcelona, Barcelona Spain.

Published: April 2015

The Monty Hall Dilemma (MHD) is a two-step decision problem involving counterintuitive conditional probabilities. The first choice is made among three equally probable options, whereas the second choice takes place after the elimination of one of the non-selected options which does not hide the prize. Differing from most Bayesian problems, statistical information in the MHD has to be inferred, either by learning outcome probabilities or by reasoning from the presented sequence of events. This often leads to suboptimal decisions and erroneous probability judgments. Specifically, decision makers commonly develop a wrong intuition that final probabilities are equally distributed, together with a preference for their first choice. Several studies have shown that repeated practice enhances sensitivity to the different reward probabilities, but does not facilitate correct Bayesian reasoning. However, modest improvements in probability judgments have been observed after guided explanations. To explain these dissociations, the present review focuses on two types of causes producing the observed biases: Emotional-based choice biases and cognitive limitations in understanding probabilistic information. Among the latter, we identify a crucial cause for the universal difficulty in overcoming the equiprobability illusion: Incomplete representation of prior and conditional probabilities. We conclude that repeated practice and/or high incentives can be effective for overcoming choice biases, but promoting an adequate partitioning of possibilities seems to be necessary for overcoming cognitive illusions and improving Bayesian reasoning.

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Source
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC4379739PMC
http://dx.doi.org/10.3389/fpsyg.2015.00353DOI Listing

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