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The term 'hindsight bias' describes the tendency of peoples´ recalled predictions of events to shift towards the real or alleged outcome, once the outcome of the event is known. Although this phenomenon has often been replicated since it was first investigated in the mid-seventies, the...
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The hindsight bias is the tendency of people to falsely believe that they would have predicted the outcome of an event correctly, once the outcome is known. The present paper addresses the ongoing debate whether the hindsight bias is due to memory impairment or biased reconstruction. The memory...
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The hindsight bias represents the tendency of people to falsely believe that they would have predicted the outcome of an event, once the outcome is known. Two experiments will be presented that show a reduction or even reversal of the hindsight bias when the outcome information is...
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Hindsight bias ("Knew it all along effect") describes the tendency for people to falsely believe that they would have predicted the outcome of an event, once the outcome is known. Some authors (e.g. Bukszar and Connolly, 1988, Hoch and Loewenstein, 1989, Fischhoff, 1975) assumed, that in...
Persistent link: https://www.econbiz.de/10005585779
The hindsight bias represents the tendency of people to falsely believe that they would have predicted the outcome of an event, once the outcome is known. The present study investigates whether the strength of the hindsight bias depends on the self-esteem relevance and the quality of the event...
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The hindsight bias is the tendency of people to falsely believe that they would have predicted the outcome of an event correctly, once the outcome is known. Several studies show that the hindsight bias is a robust phenomenon and that it has been demonstrated in a wide variety of decision...
Persistent link: https://www.econbiz.de/10005592924