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Parsimonious Estimation of SDT Models from Confidence Ratings /
Parsimonious Estimation of Signal Detection Models from Confidence Ratings
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Description: Signal Detection Theory (SDT) is used to quantify people’s ability and bias in discriminating stimuli. The ability to detect a stimulus is often measured through confidence ratings. In SDT models, the use of confidence ratings necessitates the estimation of confidence category thresholds, a requirement that can easily result in models that are overly complex. As a parsimonious alternative, we propose a threshold SDT model that estimates these category thresholds using only two parameters. We fit the model to data from Pratte, Rouder, and Morey (2010) and illustrate its benefits over previous threshold SDT models.