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our deliberation hypotheses, the confirmation bias results were most precisely estimated for those having thought …The confirmation bias, unlike other decision biases, has been shown both empirically and in theory to be enhanced with … deliberation. This suggests that limited attention, reduced deliberation, or limited available cognitive resources may moderate …
Persistent link: https://www.econbiz.de/10012432420
Persistent link: https://www.econbiz.de/10013259448
. Because there is often systematic thought involved in generating the confirmation bias, deliberation tends to promote this …The confirmation bias is a well-known form of motivated reasoning that serves to protect an individual from cognitive … behavioral bias. Nevertheless, the importance of negative emotion in triggering the need for this bias is underappreciated. This …
Persistent link: https://www.econbiz.de/10013286207
a significant interaction between gender and CRT score such that lack of deliberation promotes honesty for men but not …
Persistent link: https://www.econbiz.de/10012918518
degree of bias due to selection neglect increases when other decision makers become more informed, or become more rational …
Persistent link: https://www.econbiz.de/10011982107
's presence. Monetary incentives reduce the average bias to one-third of its original value. Additionally, the average anchor bias … abilities are on average less biased toward the anchor when task complexity is high. The anchoring bias in our repeated game is …
Persistent link: https://www.econbiz.de/10009777356
We synthesize and discuss the available knowledge on the role of human cognition biases for sustainability and sustainable behavior. Human cognition biases are defined as any deviation in decision making from the standard framework of rational choice. We distinguish between biases in individual...
Persistent link: https://www.econbiz.de/10012853272
How does exposure to Islamist terrorism change perceptions of the share of Muslims and immigrants? We conduct a large-scale survey that measures misperceptions towards minority groups in four European countries. Our results show that terror attacks in the past increased misperceptions of the...
Persistent link: https://www.econbiz.de/10014288568
Studies in psychology and behavioral economics have found that decision-making is replete with cognitive biases. Using stylized examples of time inconsistency, regret, and overconfidence, this paper demonstrates how biases may offset each other and lead to correct decisions. If only some biases...
Persistent link: https://www.econbiz.de/10014089017
In recent years, numerous studies comparing intuition and deliberation have been published. However, until now … postulate that intuition and deliberation are completely distinct processes against predictions of interventionist models. The … the distribution of short, medium and long fixations. Instruction-induced deliberation led to a higher number of fixations …
Persistent link: https://www.econbiz.de/10010266959