Positive confirmation in rational and irrational learning

    Research output: Working paperDiscussion paper

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    Abstract

    An experiment is reported which tests for positive confirmation bias in a setting in which a person can make decisions about which evidence to select to test a rule. The experiment reveals strong evidence of positive confirmation bias and a tendency not to choose the Bayesian- optimal selection of information. There is also evidence that the information, once selected, is used in a pattern of reasoning which, while sub- optimal, is internally coherent. These results are consistent with and expand on previous results on the subject.
    Original languageEnglish
    PublisherUniversity of Dundee
    Publication statusPublished - 2003

    Publication series

    NameDundee Discussion Papers in Economics
    PublisherUniversity of Dundee
    No.150
    ISSN (Print)1473-236X

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  • Research Output

    Positive confirmation in rational and irrational learning

    Jones, M. K., 2008, In : Journal of Socio-Economics. 37, 3, p. 1029 1046 p.

    Research output: Contribution to journalArticle

  • 2 Citations (Scopus)

    Cite this

    Jones, M. (2003). Positive confirmation in rational and irrational learning. (Dundee Discussion Papers in Economics; No. 150). University of Dundee.