Previously I have tried to argue why FAIR is a valid approach. Now I think there is some research result that might be helpful to understand why FAIR works
Overcoming Bias: Average Your Guesses
In short, the article states that making two (many?) guesses is better than making one guess...
So if you have an approach (FAIR) that lets an expert make several informed guesses and combine them rigorously, then it is quite likely you will get a better estimation than only by making one single guess.
Overcoming Bias: Average Your Guesses
In short, the article states that making two (many?) guesses is better than making one guess...
So if you have an approach (FAIR) that lets an expert make several informed guesses and combine them rigorously, then it is quite likely you will get a better estimation than only by making one single guess.
