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Is there a confirmation bias at work?
There is clearly a confirmation bias at work here. Doctors may fall prey to confirmation bias, which leads them to misconstrue the evidence before them. Confirmation bias is a tendency for people to favour information that confirms their preconceptions or hypothesis regardless of whether the information is true.Why did John Wason use confirmation bias?
Wason interpreted his results as showing a preference for confirmation over falsification, hence he coined the term "confirmation bias". [c] Wason also used confirmation bias to explain the results of his selection task experiment.Is a preliminary hunch an example of confirmation bias?
Relying on a preliminary hunch in this manner is an example of confirmation bias, and a potential pitfall in medical decision-making. Confirmation bias can lead to poor decision-making in various contexts, including interpersonal relationships, medical diagnoses, or applications of the law.How do investors combat confirmation bias?
To combat the effect of confirmation bias, investors can try to adopt a contrary viewpoint "for the sake of argument". In one technique, they imagine that their investments have collapsed and ask themselves why this might happen.- Terms & Agreement
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