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NEED TO KNOW NOW!
Spend time on what you need to master rather than on information you have ......
How could humbleness make people more intelligent
or their intelligence more effective and useful?
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Sep 23, 2010 ... So what you need to know is that there is no evidence whatsoever to ......
Omission bias – the tendency to judge harmful actions as worse, ...
www.bigislandchronicle.com/.../dispatches-from-curt-—-political-projections/
Excellent short interview from PBS News Hour last week. ......
An omission bias can best be defined as a referee's willingness to make an incorrect call ...
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Feb 9, 2011 ... Psychologists call this omission bias , and it expresses itself in a ......
Well, we need to know the value of receiving an extra pitch ...
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If this is surprising, it shouldn't be. It conforms to a sort of default mode of human behavior.
People view acts of omission --the absence of an act--as far less intrusive or harmful than acts of commission --the committing of an act--even if the outcomes are the same or worse. Psychologists call this omission bias , and it expresses itself in a broad range of contexts.
In a well-known psychological experiment, the subjects were posed the following question: Imagine there have been several epidemics of a certain kind of flu that everyone contracts and that can be fatal to children under three years of age. About 10 out of every 10,000 children with this flu will die from it. A vaccine for the flu, which eliminates the chance of getting it, causes death in 5 out of every 10,000 children. Would you vaccinate your child?
On its face, it seems an easy call, right? You'd choose to do it because not vaccinating has twice the mortality rate as the vaccination. However, most parents in the survey opted not to vaccinate their children. Why? Because it caused 5 deaths per 10,000; never mind that without the vaccine, their children faced twice the risk of death from the flu. Those who would not permit vaccinations indicated that they would "feel responsible if anything happened because of [the] vaccine." The same parents tended to dismiss the notion that they would "feel responsible if anything had happened because I failed to vaccinate." In other words, many parents felt more responsible for a bad outcome if it followed their own actions than if it simply resulted from lack of action.
In other studies, subjects consistently view various actions taken as less moral than actions not taken--even when the results are the same or worse.
You need to know when "faster" has the potential to reduce accuracy and when ......
Is LeBron James Falling Victim To 'Omission Bias' By Possibly Staying In ...
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Status quo bias (cites)
From Wikipedia, the free encyclopedia
The status quo bias is a cognitive bias for the status quo; in other words, people tend not to change an established behavior unless the incentive to change is compelling. It should be distinguished from rational preference for the status quo per se due to, for example, information effects, which cannot explain all experimental results.
The finding has been observed in many fields, including political science and economics. Nick Bostrom argues that status quo bias may play a large role in opposition to human enhancement.[1]
Kahneman, Thaler and Knetsch created experiments that could produce this effect reliably. They attribute it to a combination of loss aversion and the endowment effect, two ideas relevant to prospect theory.
See also
References
- Samuelson, W. & R. J. Zeckhauser. (1988). Status quo bias in decision making. Journal of Risk and Uncertainty, 1, pp. 7-59.
- Kahneman, D., Knetsch, J. L. & Thaler, R. H. (1991). Anomalies:
The Endowment Effect, Loss Aversion, and Status Quo Bias. Journal of Economic Perspectives, 5, 1, pp. 193-206
- Johnson, E. J., Hershey, J., Meszaros, J., & Kunreuther, H. (1993).
Framing, Probability Distortions, and Insurance Decisions. Journal of Risk and Uncertainty, 7, pp. 35-51.
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^ www.nickbostrom.com/ethics/statusquo.pdf
ethnocentric bias by including values from around the world and items from cultural-specific questionnaires.
The results yielded two models: one composed of ten distinct value types and one composed of seven value …
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LJWorld.com / People / RJBurkhart3 Anonymous LJWorld.com user since Sept. 5, 2006. Location: NE-Kansas USA ...
- Innovation_Infrastructure_Heindl.pdf 207.0 KB incorrectly biased. Yet the quality of work, and life, is directly related to the quality of our critical thinking, the most important of all thinking skills. Note: Critical thinking is, in short, self-awareness of how …
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