History and Meaning of Bias The term "bias" originated from the French word "biais" which means slanting. Bias is a psychological concept that refers to the prejudice or inclination towards a particular viewpoint. In legal contexts, bias refers to a situation where a judge, juror, or decision...
However, it can be detrimental in cases where the goal is to assess the validity of an argument (e.g., in a court of law). In such cases, relying on what we already know gives rise to belief bias. Belief bias is a complex phenomenon. Some of the factors that play a role in it...
In reality, people usually consider many different scenarios of what might happen in the future, but there’s no way to be certain which one of them will ultimately materialize. Regardless of which scenario plays out, people become convinced that “they saw it coming.” Hindsight bias is more...
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根据第三段“The stupidity of many “win-at-all-cost” coaches in youth sports is neatly matched by that of “play-my-kid-or-else” parents at the high-school level.(在青少年体育运动中,许多“不惜一切代价取胜”的教练的愚蠢与高中阶段“孩子必须参与”的父母的愚蠢完全一致)”结合文章主要就父母...
trying to avoid bias (being impartial) including a balance of relevant information providing important context acting in ways that show transparency, independence, and accountability The importance of correcting errorsCredible news organizations, such as NPR, correct errors quickly and prominently.(more)...
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We are, by definition, unaware of biases that affect our decisions and judgments: this is why they are called unconscious. For example, when most people hear the word “nurse,” they are more likely to picture a female, even if they don’t consciously believe that only women can be nurse...
Survivorship bias is the tendency to view the fund performance of existing funds in the market as a representative comprehensive sample.
Another, more advanced example ofcommodity moneyis a precious metal such as gold. For centuries, gold was used to back paper currency—up until the 1970s.2In the case of the U.S. dollar, for example, this meant that foreign governments were able to take their dollars and exchange them a...