Article ID Journal Published Year Pages File Type
970221 The Journal of Socio-Economics 2008 18 Pages PDF
Abstract

A new experiment is reported which tests for positive confirmation bias when subjects learn about a rule. The experiment reveals strong evidence of positive confirmation bias and corresponding violations of expected utility. This evidence for positive confirmation not only covers the search for evidence but also the use of it in making decisions. These results are consistent with and expand on previous results on the subject.

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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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