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As more are vaccinated, it makes economic sense to gradually open the economy, study fi... - 1 views

  • A University of New Mexico research team conducted a data analysis that has found that as a larger portion of the population gets vaccinated against COVID-19, it becomes economically advantageous to start relaxing social distancing measures and open businesses.
  • The study looked at data from four metropolitan statistical areas (MSAs) within the United States: Seattle, New York City, Los Angeles and Houston from January 21 to July 8, 2020. The four cities were chosen because they have had divergent trends with the virus (Seattle and New York City were early hotspots, while Los Angeles and Houston peaked in the summer).
  • "Our work is quantitative, so it can hopefully offer some evidence that shows the vaccines are going to allow us to loosen social distancing measures, including opening businesses," he said. "It provides a measure of hope as we go forward and increase the percentage of citizens who are vaccinated."
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  • Sorrentino said the study defined economic impact by the extent that a city's economy was closed -- businesses like restaurants, gyms, salons and airports that would lose business without people's physical presence.
  • The study took into account both the costs associated with quarantining (which requires supervision costs as well as costs due to lowered productivity) as well as social distancing (which incurs costs only due to productivity).
  • "But our model shows that even before we achieve herd immunity, we can relax social distancing compared to the situation prior to immunization."
  • The analysis looked at Seattle, beginning on December 14, 2020, when the vaccine was first being administered. Even with this limited data, the effect of vaccinations was dramatic, impacting the so-called "optimal control solution."
  • While the optimal interventions would vary depending on a number of factors, we always saw that a gradual relaxation of social distancing was possible after roughly 10% of the population got vaccinated," he said.
  • After just 20 days, the trend was becoming clear when comparing with the case in which the effects of vaccinations were not incorporated in the model.
  • Sorrentino emphasizes also that everyone should continue to follow the current policy and health guidelines, and that the relaxing of social distancing should adhere to these guidelines and be gradual. And of course, that guidance may change, based on the rates of spread of the virus and the variants.
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Union-friendly states enjoy higher economic growth, individual earnings -- ScienceDaily - 1 views

  • New research from Mildred Warner, professor of city and regional planning at Cornell University, shows that state laws designed to hinder union activity and indulge corporate entities do not enhance economic productivity.
  • "These interests see union and city power as a threat, which is why there are groups like the American Legislative Exchange Council, for example, focused on crafting state laws that erode labor protections and enhance corporate interests."
  • "The anti-union political environment in the U.S. is longstanding," Warner said, "especially in the South, as reflected by right-to-work laws by constraining unions' ability to organize and collect dues."
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  • Unionization rates in the U.S. have declined for decades. "Unionization is highest in the public sector, but this has been challenged by state and local austerity since the recession in 2008-09," Warner said.
  • Warner said that the role of the federal government is to provide funds to states and local governments to support critical public services, such as schools and roads
  • While the federal government can play a redistributive role, as with the recent COVID relief package, this is less likely in states that have more corporate influence in their legislative policymaking,
  • "In the new political economy of place, the corporate interests undermine the potential for inclusive economic growth."
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Study exposes global ripple effects of regional water scarcity -- ScienceDaily - 1 views

  • Water scarcity is often understood as a problem for regions experiencing drought, but a new study from Cornell and Tufts universities finds that not only can localized water shortages impact the global economy, but changes in global demand send positive and negative ripple effects to water basins across the globe.
  • "Evaluating the economic impact of water scarcity in a changing world," was published March 26 in Nature Communications, and uniquely captures the interdependent effects of global trade consistently with differences in regional climate policies as well as river basin-specific capacity to address water scarcity risks.
  • The researchers coupled physical and economic models to simulate thousands of potential climate futures for 235 major river basins -- a technique known as scenario discovery -- to better understand how water scarcity is a globally-connected phenomenon, with local conditions having reverberations across the globe in industries such as agriculture, energy, transportation and manufacturing.
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  • The study also found that small differences in projections for future climate conditions can yield very large differences in the economic outcomes for water scarcity.
  • A river basin can be considered economically robust if it is able to adapt to drought with alternative sources of water or adjust economic activity to limit usage.
  • The conditions that lead to these tipping points are highly variable from basin to basin, depending on a combination of local factors and global conditions
  • As climate change makes the physical and economic effects of water scarcity more challenging for policy makers to understand, the researchers hope their work will provide the basis for similar analyses and draw attention to the importance of expanded data collection to improve modeling and decision making.
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Why Did the Dean of the Most Diverse Law School in the Country Cancel Herself? - The Ne... - 0 views

  • Why Did the Dean of the Most Diverse Law School in the Country Cancel Herself?
  • Was it the unfortunate use of a single word? Or something far more complicated?
  • Mary Lu Bilek, who has spent 32 years at the law school at the City University of New York, the past five of them as dean, sent an email to students and faculty with the subject line: “Apology.”
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  • Discussing a contentious issue of race and tenure in a committee meeting last fall, she had likened herself to a “slaveholder.”
  • It was a strange, deeply jarring thing to say, but she had been trying to make the point that her position left her responsible for whatever racial inequities might exist institutionally
  • What the dean might have regarded as an admission of culpability, some of her colleagues viewed as an expression of the buried prejudices well-intentioned liberals never think they have.
  • Ms. Bilek quickly realized that she had drawn a terrible — perhaps unforgivable — analogy
  • “begun education and counseling to uncover and overcome my biases.”
  • To colleagues in the field, the circumstances of Ms. Bilek’s departure struck a note that was both ironic and painful.
  • Decades ago, long before it became commonplace, Ms. Bilek railed against the bar exam and other standardized tests for their disparate impact on low-income students
  • She had presented herself and the institution as “anti-racist,” they wrote, while ignoring how her own decisions perpetuated “institutional racism.”
  • On the face of things, it seemed as though Ms. Bilek had been lost to the maw of cancel culture and its relentless appetite for hapless boomer prey.
  • “I regret that my mistake means that I will not be doing that work” — the work of fighting racism — “with my CUNY colleagues,”
  • “Her reputation in the world of deans is that of someone who cares deeply about racial justice,”
  • Prestige in academia begins, of course, with tenure. Ms. Bilek’s troubles started last spring when she argued for granting early tenure, an extremely precious commodity, to someone about to become an administrator — a young white woman named Allie Robbins
  • Without tenure, administrative work in a university is an especially oppressive time suck, robbing an academic of the hours that could be spent on research and writing and conference-going — essentially, what is required for tenure.
  • Beyond that, the risk of alienating people who someday might weigh in on your own tenure case remained high.
  • As the fall progressed, anger continued to foment around Ms. Bilek.
  • The day after Christmas, 22 faculty members wrote a letter denouncing her wish to leapfrog a white junior academic in the promotion process, her “slaveholder” reference, and what they viewed as her resistance to listen to faculty members of color on the personnel committee “as they pointed out the disparate racial impacts” of her conduct.
  • “But I am certain that the work they do within the Law School and in the world will bring us to a more equal, anti-racist society.”
  • Next came a list of demands that included a public apology for her misdeeds, changes to practices in governance and a retreat from any outside roles furthering the perception that she was “an anti-racist dean.”
  • “We intentionally chose not to ask her to step down but to demand instead that she commit to the systemic work that her stated anti-racist principles required,”
  • “Dean Bilek chose to ignore that outstretched hand.”
  • “We said, ‘We don’t want to make a scene — no single action should define any of us. We don’t want to take away from all the work you’ve done at the law school, but we want the accountability,’”
  • “I thought there was a chance for redemption — we do not want to cancel folks; we are not people who think in carceral ways.”
  • Kept under wraps, news of all this turmoil reached the student body only last week, and when they discovered what Ms. Bilek had said and done and how long they had been left oblivious, a large and vocal faction did not feel as generously
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Making green energy the default choice can help tackle climate change, study finds -- S... - 1 views

  • Researchers studying the Swiss energy market have found that making green energy the default option for consumers leads to an enduring shift to renewables and thus has the potential to cut CO2 emissions by millions of tonnes.
  • Both business and private customers largely accepted the default option, even though it was slightly more expensive, and the switch to green sources proved a lasting one.
  • Both companies restructured their products to offer a choice between conventional power, renewable power and "renewable plus," one company in 2009 and the other in 2016.
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  • Consumers were assigned the renewable package unless they opted out, a behavioural mechanism known to have success in a range of settings.
  • Further analysis of customer data in the household sector showed that women were around 6 per cent more likely than men to accept the green default, while women business owners were 8 per cent more likely to stick with the renewable package.
  • It is sometimes argued that the introduction of green energy defaults leads to an increase in energy use -- because the energy is 'clean' consumers are more relaxed about using it.
  • Large green default effects can considerably reduce CO2 emissions in countries with high fossil fuel share in their energy mix. Taking Germany as a case study and assuming a default effect of 80% in the household sector, the study calculated a CO2 reduction of about 45 million tonnes and a positive welfare effect of €1,240 million.
  • While the impact of default effects can be massive, the exact CO2 reduction figures and welfare gains depend on the CO2 emission factor and social cost of carbon.
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11 mind-blowing facts about the US economy | Markets Insider - 1 views

  • For more than a century, the United States has been the world's economic powerhouse.
  • The US is on the verge of its longest economic expansion on record
  • Last May, the US economy's streak of more than eight years of economic growth became the nation's second longest on record. It's been a slow climb following the Great Recession, but it's growth nonetheless.
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  • But the US also just hit a record 13 straight years without 3% real GDP growth
  • While the US has had a record period of economic expansion, it's not setting the world on fire. It's been a record 13 straight years without reaching 3% real gross domestic product growth. The US has come close, hitting 2.9% growth in 2018, but America hasn't hit a real GDP growth of 3% since 2005, when it grew 3.5%
  • The decade-long expansion has generated 20 million jobs
  • With economic growth stretching the past decade, key figures continue to get better. A 3.4% year-over-year wage growth is the strongest in more than a decade, a good sign as stagnant wages have kept the US middle class at bay
  • Still, the jobless rate fell to 3.8%
  • Sleep deprivation costs the US economy billions of dollars
  • More than a third of the US adult population doesn't get enough sleep, and that costs the US $411 billion through the loss of 1.2 million work days each year.
  • The lack of sleep can come from a variety of factors, whether it's overworking, poor health habits, or even the horrid blue light from electronics
  • About $100,000 separates the middle class from the upper class
  • The sports industry is worth nearly $75 billion
  • Generation Z might spend as much as $143 billion next year
  • Generation Z, the population born between 1997 and 2012, will make up 40% of US consumers by next year.
  • The average car part crosses into Mexico and Canada eight times in production
  • Mexico is the top trade partner, with the US exporting $21.9 billion worth of products to its southern neighbor and importing $27.7 billion, making up 14.8% of all US trade. Canada, meanwhile, makes up 13.8% of US trade as it imports $22.6 billion worth of American goods and sends in $23.4 billion
  • If California were a country, it would have the fifth highest GDP in the world
  • With a gross domestic product of $2.747 trillion, California would only trail Germany, Japan, China, and the US as a whole.
  • The US spends more on defense than the next seven nations combined
  • That $610 billion is good for 15% of all federal spending
  • The US national debt is at an all-time high
  • In February, US government debt hit an all-time high of $22 trillion
  • In 2011, 51% of Americans were considered middle class, and that number grew slightly to 52% in 2016
  • A sports-industry report back in 2015 predicted the market in North America would be worth more than $73.5 billion by this year.
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The 'Old American Dream,' a Trap as the Floods Keep Coming - The New York Times - 0 views

  • The ‘Old American Dream,’ a Trap as the Floods Keep Coming
  • Still, she wanted so badly to keep her word.
  • In her kitchen, Juanita Hall routinely found opossums staring back at her from the cage trap she kept under the table
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  • And that was all before a winter storm last month left Ms. Hall shivering over a heater and caused pipes to leak
  • Hurricane Harvey. The storm hit Houston in 2017, and for many, the trauma endured as a haunting memory.
  • But for Ms. Hall, almost four years later, the devastation remained a grinding reality.
  • “I think about it every day, all day long,”
  • she walked through the house she had lived in since childhood.
  • No matter what, the house would be there, and it would be theirs.
  • Owning a home has long been part of Houston’s promise for many working-class families, offering security and a foothold for upward mobility. But disasters — flood after flood — have kept coming.
  • A changing climate threatens more
  • Houston’s poorest neighborhoods, the houses are no longer the safety net they were intended to be.
  • A few months before Harvey, Ms. Hall ran into her mother’s bedroom and found her collapsed on the floor. Now, she cannot forget the request her mother made soon before she died: Don’t y’all lose my house.
  • “I’m tired of the unknown,
  • His house was another thread in the skein of complications that consumed his life, all of which were caused or made worse by a lack of money.
  • A storm, as it cuts its path, may not recognize race or class, but the pace of recovery very often does
  • In Houston’s poorest neighborhoods, an unfamiliar winter storm stoked a familiar anguish, one fueled by recurring floods and what residents see as a pattern of neglect.
  • Yet it also plunged them into a familiar agony: no electricity, waterlogged homes
  • certainty that they faced more of a frustration they knew all too well from wrangling with bureaucracies for help that was rarely enough, if it ever came at all.
  • “They’ve lost in a lot of ways,”
  • “These neighborhoods are just having issue after issue, and none of their original issues have been dealt with or resolved. This is layer upon layer of injury.”
  • Tired but still at it
  • “My folks used to say, if it’s easy, baby, question it,”
  • Harvey Forgotten Survivors Caucus, which helped patch up her house
  • And she also learned that hers was, in many ways, a familiar set of circumstances, living in a home that had been handed down through family and amounted to just about the entirety of their wealth.
  • The community was drained of more than just white residents. Businesses left. So too did a sense of opportunity.
  • “The property value went down,” Mr. Moses said. “The human value went down.”
  • There are the neighborhoods that bounce back. And there are the others — with lower incomes and largely nonwhite residents — where every event arrives as another setback on an interminable slog
  • “The only option is to stay where you’re at,” he said. “That’s it.”
  • “You’re more of a mother to these children than the mothers,” he told her. And when he died, he wanted her to oversee his estate.
  • “This is an assignment to me, and I want to get it done,” Ms. Hall said sitting on her front porch, washed in the light of a crisp afternoon filtering through the leaves of the magnolia tree. “If I die the day after, I’m satisfied.”
  • er father’s dream was now the one she held for Bella: No matter what, the house would be there, and it would be hers.
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How Do I Dress for My Pandemic Belly? - The New York Times - 0 views

  • How Do I Dress for My Pandemic Belly?
  • Vanessa Friedman, fashion director of The New York Times, takes reader questions.
  • I have never had a waist or hips; in my 20s I always described myself as “straight up and down.”
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  • It feels as if fashion is doing a better job of appreciating a woman’s “curves,” but that always means hips and bootys, never bellies. How do I dress to flatter my new shape?
  • A lot of us changed shape over the last year as we were shut indoors and the sensory joys of life
  • it’s also true that it is possible to simply live peacefully with it, prioritizing what’s important according to the individual.
  • if we become more accepting of a variety of shapes after the last year, that’s a positive development.
  • But you are correct in saying that when fashion focuses on women and weight, it tends to focus on boobs and bottoms, rather than bellies.
  • IMG decided it wanted to represent bigger girls (good)
  • the agency rejected the whole inane “plus-size” terminology
  • but then settled on calling its new division … “curve.”
  • how to move forward?
  • Both women said forget the Spanx — that’s for “red carpet,” Elizabeth said — and focus instead on comfort and what makes you feel good.
  • Both also said do not pretend your stomach does not exist by wearing muumuus.
  • eye of the beholder
  • Then the message is not about “hiding anything,” she said. “You’re just not buttoning it up.”
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VHS Tapes Are Worth Money - The New York Times - 0 views

  • Who Is Still Buying VHS Tapes?
  • Despite the rise of streaming, there is still a vast library of moving images that are categorically unavailable anywhere else. Also a big nostalgia factor.
  • The last VCR, according to Dave Rodriguez, 33, a digital repository librarian at Florida State University in Tallahassee, Fla., was produced in 2016
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  • But the VHS tape itself may be immortal.
  • Today, a robust marketplace exists, both virtually and in real life, for this ephemera.
  • “Hold steady. Price seems fair. It is a Classic.”
  • Driving the passionate collection of this form of media is the belief that VHS offers something that other types of media cannot.
  • “The general perception that people can essentially order whatever movie they want from home is flat-out wrong,”
  • “promised as a giant video store on the internet, where a customer was only one click away from the exact film they were looking for.”
  • “Anything that you can think of is on VHS tape, because, you’ve got to think, it was a revolutionary piece of the media,”
  • “It was a way for everyone to capture something and then put it out there.”
  • preservation
  • “just so much culture packed into VHS,”
  • a movie studio, an independent filmmaker, a parent shooting their kid’s first steps, etc.
  • finds the medium inspirational
  • “some weird, obscure movie on VHS I would have seen at my friend’s house, late at night, after his parents were asleep.
  • “The quality feels raw but warm and full of flavor,” he said of VHS.
  • views them as a byway connecting her with the past
  • from reels depicting family gatherings to movies that just never made the jump to DVD
  • “I think we were the last to grow up without the internet, cellphones or social media,” and clinging to the “old analog ways,” she said, feels “very natural.”
  • “I think that people are nostalgic for the aura of the VHS era,”
  • “So many cultural touch points are rooted there,” Mr. Harris said of the 1980s.
  • It was, he believes, “a time when, in some ways, Americans knew who we were.”
  • Not only could film connoisseurs peruse the aisles of video stores on Friday nights, but they could also compose home movies, from the artful to the inane
  • “In its heyday, it was mass-produced and widely adopted,”
  • She inherited some of them from her grandmother, a children’s librarian with a vast collection.
  • Historical Journal of Film, Radio and Television
  • the first technology that allowed mass, large-scale home media access to films.”
  • Mr. Arrow said that home videos captured on VHS, or taped television programs that contain old commercials and snippets from the news, are particularly insightful in diving into cultural history.
  • “There’ll be a news break, and you’ll see, like: Oh my god, O.J.’s still in the Bronco, and it’s on the news, and then it’ll cut back to ‘Mission Impossible’ or something.”
  • Marginalized communities, Mr. Harris said, who were not well represented in media in the 1980s, benefited from VHS technology, which allowed them to create an archival system that now brings to life people and communities that were otherwise absent from the screen.
  • The nature of VHS, Mr. Harris said, made self-documentation “readily available,
  • people who lacked representation could “begin to build a library, an archive, to affirm their existence and that of their community.”
  • VHS enthusiasts agree that these tapes occupy an irreplaceable place in culture.
  • “It’s like a time capsule,”
  • “The medium is like no other.”
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What Is the Function of Confirmation Bias? | SpringerLink - 1 views

  • Confirmation bias is one of the most widely discussed epistemically problematic cognitions, challenging reliable belief formation and the correction of inaccurate views. Given its problematic nature, it remains unclear why the bias evolved and is still with us today. To offer an explanation, several philosophers and scientists have argued that the bias is in fact adaptive. I critically discuss three recent proposals of this kind before developing a novel alternative, what I call the ‘reality-matching account’
  • Confirmation bias is typically viewed as an epistemically pernicious tendency. For instance, Mercier and Sperber (2017: 215) maintain that the bias impedes the formation of well-founded beliefs, reduces people’s ability to correct their mistaken views, and makes them, when they reason on their own, “become overconfident” (Mercier 2016: 110).
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Frontiers | A Digital Nudge to Counter Confirmation Bias | Big Data - 1 views

  • Information disorder in current information ecosystems arises not only from the publication of “fake news,” but also from individuals' subjective reading of news and from their propagating news to others. Sometimes the difference between real and fake information is apparent. However, often a message is written to evoke certain emotions and opinions by taking partially true base stories and injecting false statements such that the information looks realistic. In addition, the perception of the trustworthiness of news is often influenced by confirmation bias. As a result, people often believe distorted or outright incorrect news and spread such misinformation further. For example, it was shown that in the months preceding the 2016 American presidential election, organizations from both Russia and Iran ran organized efforts to create such stories and spread them on Twitter and Facebook (Cohen, 2018). It is therefore important to raise internet users' awareness of such practices. Key to this is providing users with means to understand whether information should be trusted or not.
  • In this section, we discuss how social networks increase the spread of biased news and misinformation. We discuss confirmation bias, echo chambers and other factors that may subconsciously influence a person's opinion. We show how these processes can interact to form a vicious circle that favors the rise of untrustworthy sources. Often, when an individual thinks they know something, they are satisfied by an explanation that confirms their belief, without necessarily considering all possible other explanations, and regardless of the veracity of this information. This is confirmation bias in action. Nickerson (1998) defined it as the tendency of people to both seek and interpret evidence that supports an already-held belief.
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Confirmation Bias - Misinformation and Disinformation: Thinking Critically about Inform... - 1 views

  • Confirmation Bias: "subconscious tendency to seek and interpret information and other evidence in ways that affirm our existing beliefs, ideas, expectations, and/or hypotheses. Therefore, confirmation bias is both affected by and feeds our implicit biases. It can be most entrenched around beliefs and ideas that we are strongly attached to or that provoke a strong emotional response." Source: Facing History and Ourselves (This is a link to a lesson plan).
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Avoiding Psychological Bias in Decision Making - From MindTools.com - 0 views

  • In this scenario, your decision was affected by
  • confirmation bias. With this, you interpret market information in a way that confirms your preconceptions – instead of seeing it objectively – and you make wrong decisions as a result. Confirmation bias is one of many psychological biases to which we're all susceptible when we make decisions. In this article, we'll look at common types of bias, and we'll outline what you can do to avoid them.
  • Psychologists Daniel Kahneman, Paul Slovic, and Amos Tversky introduced the concept of psychological bias in the early 1970s. They published their findings in their 1982 book, "Judgment Under Uncertainty." They explained that psychological bias – also known as cognitive bias – is the tendency to make decisions or take action in an illogical way. For example, you might subconsciously make selective use of data, or you might feel pressured to make a decision by powerful colleagues. Psychological bias is the opposite of common sense and clear, measured judgment. It can lead to missed opportunities and poor decision making.
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  • Below, we outline five psychological biases that are common in business decision making. We also look at how you can overcome them, and thereby make better decisions.
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Confirmation Bias - an overview | ScienceDirect Topics - 0 views

  • Confirmation bias is a ubiquitous phenomenon, the effects of which have been traced as far back as Pythagoras’ studies of harmonic relationships in the 6th century B.C. (Nickerson, 1998), and is referenced in the writings of William Shakespeare and Francis Bacon (Risinger, Saks, Thompson, & Rosenthal, 2002). It is also a problematic phenomenon, having been implicated in “a significant fraction of the disputes, altercations, and misunderstandings that occur among individuals, groups, and nations” throughout human history, including the witch trials of Western Europe and New England, and the perpetuation of inaccurate medical diagnoses, ineffective medical treatments, and erroneous scientific theories (Nickerson, 1998, p. 175).
  • For over a century, psychologists have observed that people naturally favor information that is consistent with their beliefs or desires, and ignore or discount evidence to the contrary. In an article titled “The Mind’s Eye,” Jastrow (1899) was among the first to explain how the mind plays an active role in information processing, such that two individuals with different mindsets might interpret the same information in entirely different ways (see also Boring, 1930). Since then, a wealth of empirical research has demonstrated that confirmation bias affects how we perceive visual stimuli (e.g., Bruner & Potter, 1964; Leeper, 1935), how we gather and evaluate evidence (e.g., Lord, Ross, & Lepper, 1979; Wason, 1960), and how we judge—and behave toward—other people (e.g., Asch, 1946; Rosenthal & Jacobson, 1966; Snyder & Swann, 1978).
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Confirmation bias | BehavioralEconomics.com | The BE Hub - 0 views

  • Confirmation bias (Wason, 1960) occurs when people seek out or evaluate information in a way that fits with their existing thinking and preconceptions. The domain of science, where theories should advance based on both falsifying and supporting evidence, has not been immune to bias, which is often associated with people processing hypotheses in ways that end up confirming them (Oswald & Grosjean, 2004). Similarly, a consumer who likes a particular brand and researches a new purchase may be motivated to seek out customer reviews on the internet that favor that brand. Confirmation bias has also been related to unmotivated processes, including primacy effects and anchoring, evident in a reliance on information that is encountered early in a process (Nickerson, 1998).
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The Confirmation Bias: Why People See What They Want to See - Effectiviology - 0 views

  • The confirmation bias is a cognitive bias that causes people to search for, favor, interpret, and recall information in a way that confirms their preexisting beliefs. For example, if someone is presented with a lot of information on a certain topic, the confirmation bias can cause them to only remember the bits of information that confirm what they already thought.The confirmation bias influences people’s judgment and decision-making in many areas of life, so it’s important to understand it. As such, in the following article you will first learn more about the confirmation bias, and then see how you can reduce its influence, both in other people’s thought process as well as in your own.
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Confirmation bias - Catalog of Bias - 0 views

  • Confirmation bias occurs when an individual looks for and uses the information to support their own ideas or beliefs. It also means that information not supporting their ideas or beliefs is disregarded. Confirmation bias often happens when we want certain ideas to be true. This leads individuals to stop gathering information when the retrieved evidence confirms their own viewpoints, which can lead to preconceived opinions (prejudices) that are not based on reason or factual knowledge. Individuals then pick out the bits of information that confirm their prejudices. Confirmation bias has a long history. In 1620, Francis Bacon described confirmation bias as: “Once a man’s understanding has settled on something (either because it is an accepted belief or because it pleases him), it draws everything else also to support and agree with it. And if it encounters a larger number of more powerful countervailing examples, it either fails to notice them, or disregards them, or makes fine distinctions to dismiss and reject them, and all this with much dangerous prejudice, to preserve the authority of its first Conceptions.” (Bacon 1620)
  • The impact of confirmation bias can be at the level of the individual all the way up to institution level. DuBroff showed that confirmation bias influenced expert guidelines on cholesterol and was highly prevalent when conflicts of interests were present (DuBroff 2017). He found that confirmation bias occurred due to a failure to incorporate evidence, or through misrepresentation of the evidence, which had the potential  to skew guideline recommendations
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Confirmation bias in the utilization of others' opinion strength | Nature Neuroscience - 0 views

  • Humans tend to discount information that undermines past choices and judgments. This
  • confirmation bias has significant impact on domains ranging from politics to science and education. Little is known about the mechanisms underlying this fundamental characteristic of belief formation. Here we report a mechanism underlying the confirmation bias. Specifically, we provide evidence for a failure to use the strength of others’ disconfirming opinions to alter confidence in judgments, but adequate use when opinions are confirmatory. This bias is related to reduced neural sensitivity to the strength of others’ opinions in the posterior medial prefrontal cortex when opinions are disconfirming. Our results demonstrate that existing judgments alter the neural representation of information strength, leaving the individual less likely to alter opinions in the face of disagreement.
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Confirmation bias - 0 views

  • In psychology and cognitive science, confirmation bias (or confirmatory bias) is a tendency to search for or interpret information in a way that confirms one's preconceptions, leading to statistical errors. Confirmation bias is a type of cognitive bias and represents an error of inductive inference toward confirmation of the hypothesis under study. Confirmation bias is a phenomenon wherein decision makers have been shown to actively seek out and assign more weight to evidence that confirms their hypothesis, and ignore or underweigh evidence that could disconfirm their hypothesis. As such, it can be thought of as a form of selection bias in collecting evidence.
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What Is Confirmation Bias? | Psychology Today - 0 views

  • Confirmation bias occurs from the direct influence of desire on beliefs. When people would like a certain idea or concept to be true, they end up believing it to be true. They are motivated by wishful thinking. This error leads the individual to stop gathering information when the evidence gathered so far confirms the views or prejudices one would like to be true.
  • Confirmation bias can also be found in anxious individuals, who view the world as dangerous. For example, a person with low self-esteem is highly sensitive to being ignored by other people, and they constantly monitor for signs that people might not like them. Thus, if you are worried that someone is annoyed with you, you are biased toward all the negative information about how that person acts toward you. You interpret neutral behavior as indicative of something negative.
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