. Faced with an overwhelming number of challenges to decision making, a strategist might question whether some biases are …

When a person evaluates his or her confidence in a judgment, what is the effect of receiving more judgment …-relevant information? We report three studies that show when judges receive more information, their confidence increases more than their … accuracy, producing substantial confidence-accuracy discrepancies. Our results suggest that judges do not adjust for the …

large packet which subjects complete rapidly, the reduction in confidence following choice found by earlier researchers is … leisurely pace, in isolation from other studies and distractions, there is no difference in confidence between choice and no …-choice subjects on average. For particular types of questions, however, confidence is enhanced following choice in an isolated setting …

In confidence theory, the decision maker relies on statistical regularities from the economic environment to adopt … prior beliefs about the probabilities stated on a lottery. Following the confidence principle, by which the weight of the … prior in Bayesian inference is proportional to the uncertainty related to its distribution, the decision maker arrives at …