Optimism bias - Deepstash

Optimism bias

One possible reason for the "optimism bias" is found in the way we learn new information. People are quicker to change their beliefs when the information is better than expected, compared to information that is worse than expected.

  • If people were told that lockdown would be eased in two weeks, people would quickly update their beliefs. But if experts said it would last longer, people would be less likely to update their beliefs. They will make statements like "I don't really believe it" or "things change."
  • People may underestimate their personal risk of infection.
  • People may fail to adopt precautions like social distancing.

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lilianaa

Living in my own world. I'm naive and honest, straightforward.

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Confirmation bias

People don't like to rethink their beliefs once they are formed. 

We would rather ignore information that would challenge our ideas than engage with threatening new information. This is called "confirmation bias".

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