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 ...
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 ...
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 ...
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 is both a real phenomenon and a self-serving rhetorical bludgeon designed to delegitimize an opponent’s argument when one cannot refute it. In this post, I show how you can ...
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 ...
"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 ...
Many people love social media because their feeds are a safe space to share pictures of celebrities who #stayhome wearing masks, discuss the Black Lives Matter protests, and strategize to solve ...
This page is part of an ongoing effort by the Snopes newsroom to teach the public the ins and outs of online fact-checking and, as a result, strengthen people's media literacy skills. Misinformation ...
Confirmation bias is a psychological term for the human tendency to only seek out information that supports one position or idea. This causes you to have a bias towards your original position because ...
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