Positive confirmation in rational and irrational learning

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    2 Citations (Scopus)

    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.
    Original languageEnglish
    Pages (from-to)1029
    Number of pages1046
    JournalJournal of Socio-Economics
    Volume37
    Issue number3
    DOIs
    Publication statusPublished - 2008

    Keywords

    • Positive confirmation
    • Learning
    • Expected utility violation

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