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- W3020972906 abstract "Confirmatory bias is a concept firstly proposed in the area of behavioral psychology. As a factor that would affect the decision made by players when they try to maximize their benefits, its influence has rarely been taken into consideration in economic field. Observing that, this paper tries to build a communication game model which allows us to measure the degree of confirmatory bias that players might suffer as well as the influences of such confirmatory bias on people’s decision and benefits. There are two senders and a receiver in the communication game. The results show that confirmatory bias can perform a positive effect which improves the benefits of both senders and receivers under the assumption that information is conditionally independent and can be partially affected by the investment decisions of senders. That is somehow different from our common sense. Overall, the findings of this paper provide a new research perspective on bias and are expected to shed some light on how we can utilize confirmatory bias in a positive way in reality." @default.
- W3020972906 created "2020-05-13" @default.
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- W3020972906 date "2020-05-07" @default.
- W3020972906 modified "2023-10-18" @default.
- W3020972906 title "The effects of confirmatory bias in two-sender models" @default.
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- W3020972906 doi "https://doi.org/10.1080/02522667.2020.1730513" @default.
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