Transferability of calibration training between knowledge domains
- Christopher Babadimas, Australian School of Petroleum, University of Adelaide, Adelaide, South Australia, Australia
- Christopher Boras, Australian School of Petroleum, University of Adelaide, Adelaide, South Australia, Australia
- Nicholas Rendoulis, Australian School of Petroleum, University of Adelaide, Adelaide, South Australia, Australia
- Matthew Welsh, Australian School of Petroleum, University of Adelaide, Adelaide, South Australia, Australia
- Steve Begg, Australian School of Petroleum, University of Adelaide, Adelaide, South Australia, Australia
AbstractMany industry professionals are poorly calibrated, overestimating their ability to make accurate forecasts. Previous research has demonstrated that an individual’s calibration in a specific domain can be improved through calibration training in that domain; however devising a training program for each specific domain within a field is laborious. A more efficient method would be if individuals from different disciplines could undertake the same general training and transfer the skills learnt to their respective, specific domains. This study investigated whether calibration training in a general domain was transferable to the specific domain of petroleum engineering. The results showed that, whilst the feedback training was effective within the general domain, there was only limited transfer to the specific domain. This is argued to be due to recognition failure, where the participants failed to recognise that the skill learnt through training in the general domain could be transferred to the specific domain.