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the absence of a desire to justify one’s decision after the choice …
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The confirmation bias, unlike other decision biases, has been shown both empirically and in theory to be enhanced with … this bias. We aimed to test this hypothesis using a validated confirmation bias task in conjunction with a protocol that … confirmation bias would be stronger for WR participants and those higher in cognitive reflection on a sample of 197 young adults …
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This note combines vignettes and scholarly research to outline the cognitive biases and decision-making strategies that … decision making and gives them a framework to evaluate the psychological influences on founder decisions …
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bias in managerial cognition diminished when uncertainty decreases. We show the existence of moderates and an anchoring … shocks and investigates whether such biases affect firms’ decision-making in the future. We use unique administrative survey … firms’ decision-making in the future, while government’s support and financial relief can effectively mitigate the negative …
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