Positive confirmation bias in the acquisition of information

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
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

Actions (login required)

View Item View Item