BIAS OF THE WEEK

WYSIATI

Three groups faced a legal case. One group was given just the plaintiff’s argument, another just the defendant’s and the last both arguments. 

Those who received only one side’s argument gave more biased judgments and are more confident in their response, even though they are fully aware of the set up. 

We make decisions with little information available.

See the full study here :

Kahneman, D. (2011). Thinking Fast and Slow Book. 

 

Want to know more about biases?

Status Quo Bias

Blind Spot Bias

Mere-Exposure Effect

Reactive devaluation