An impressive demonstration of the confirmation bias was presented in the “60 Minutes” TV program. As part of an informal experiment, the producers approached three different polygraphists with the ...
Confirmation bias in investing can lead to skewed decision-making and missed opportunities. It is a kind of cognitive bias that occurs when investors favor information that supports their existing ...
Debates are no longer limited to politicians, high school clubs and awkward Thanksgiving conversations. You probably know we just stated the very obvious unless you've gone sans social media for the ...
Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. Among the many threats to decision making, few are as ...
Confirmation bias is the tendency to search for data that can confirm our beliefs, as opposed to looking for data that might challenge those beliefs. The bias degrades our judgments when our initial ...
This past month, Stanford Medicine posted the following press release headline: “A Stanford Medicine-led trial of identical twins comparing vegan and omnivore diets found that a vegan diet improves ...
Confirmation bias happens when you unconsciously focus on ideas that match what you already believe. Possible reasons include wishful thinking, anxiety, info overload, and the need to protect yourself ...