Sugden, R. and Jones, Martin (2001) Positive confirmation bias in the acquisition of information. Theory and Decision, 50 (1). pp. 59-99. ISSN 0040-5833
Full text not available from this repository. (Request a copy)Abstract
An experiment is reported which tests for positive confirmation bias in a setting in which individuals choose what information to buy, prior to making a decision. The design - an adaptation of Wason's selection task - reveals the use that subjects make of information after buying it. Strong evidence of positive confirmation bias, in both information acquisition and information use, is found; and this bias is found to be robust to experience. It is suggested that the bias results from a pattern of reasoning which, although producing sub-optimal decisions, is internally coherent and which is self-reinforcing.
Item Type: | Article |
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Uncontrolled Keywords: | positive confirmation bias,selection task,information acquisition |
Faculty \ School: | Faculty of Social Sciences > School of Economics Faculty of Medicine and Health Sciences > School of Nursing and Midwifery (former - to 2011) |
UEA Research Groups: | Faculty of Social Sciences > Research Groups > Economic Theory Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Social Sciences > Research Centres > Centre for Competition Policy Faculty of Social Sciences > Research Groups > Behavioural Economics |
Related URLs: | |
Depositing User: | Pure Connector |
Date Deposited: | 19 Nov 2013 16:16 |
Last Modified: | 18 Apr 2023 23:44 |
URI: | https://ueaeprints.uea.ac.uk/id/eprint/44542 |
DOI: | 10.1023/A:1005296023424 |
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