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 ...
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 ...
Of the many cognitive biases that cloud our decision making, one that business leaders need to be particularly vigilant against is confirmation bias. Confirmation bias refers to our tendency to ...
With contributions from the late Katrina Cook, PhD. In a recent jury research exercise for a product liability case, both the plaintiff and the defendant presented testimony from their respective ...
"The eye sees only what the mind is prepared to comprehend." —Robertson Davies Psychology offers a wealth of insights that can affect our everyday lives. Among these insights, the concept of ...
Effective project and schedule management is critical for the success of any construction project. These management tasks are complex, requiring a blend of technical skills, experience, and soft ...
Delve into the role of safety technology in tackling cognitive and confirmation biases, uncovering often overlooked workplace risks and fostering a proactive approach to ensuring a safer work ...
Imagine that you have tried to reach a friend with whom you have an ambivalent relationship by phone or email, leaving messages, yet receiving no call in return. In a situation like this, it is easy ...