BIASES IN MAKING CHOICES.

The article focuses on several biases for making choices which include the ambiguity bias, the confirmation bias, and the status quo bias. Topics discussed include unknown factor that can alter the effectiveness of the choice and student might reduce uncertainty, problem with the confirmation bias i...

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Bibliographic Details
Published in:ETC: A Review of General Semantics Vol. 73; no. 4; pp. 314 - 321
Main Author: DEVITO, JOSEPH A.
Format: Article
Published: Institute of General Semantics, Inc. Oct2016
Subjects:
Online Access:View this record in EBSCOhost
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Summary:The article focuses on several biases for making choices which include the ambiguity bias, the confirmation bias, and the status quo bias. Topics discussed include unknown factor that can alter the effectiveness of the choice and student might reduce uncertainty, problem with the confirmation bias is that it leads to limit information search to confirming evidence and status quo bias with less expensive policies and retaining cell phone service and renewing without examining alternative plans.