Michael Pompian classifies confirmation bias as a belief perseverance bias – a bias in which investors cling to existing ...

Confirmation bias describes the tendency to favor information that confirms existing beliefs. Learn about its effects and how to mitigate its impact on financial decisions.

Debates are no longer limited to politicians, high school clubs and awkward Thanksgiving conversations. You probably know we just stated the very obvious unless you've gone sans social media for the ...

This page is part of an ongoing effort by the Snopes newsroom to teach the public the ins and outs of online fact-checking and, as a result, strengthen people's media literacy skills. Misinformation ...

Confirmation bias happens when you unconsciously focus on ideas that match what you already believe. Possible reasons include wishful thinking, anxiety, info overload, and the need to protect yourself ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

With contributions from the late Katrina Cook, PhD. In a recent jury research exercise for a product liability case, both the plaintiff and the defendant presented testimony from their respective ...

Democrats took control in Washington and began laying out their agenda for the next four years. Many media outlets across the country may shift their economic outlook as a result. The press ...

We live in an incredibly complex world. We have different kinds of stimuli and information coming at us from different directions at all times. In order to make sense of it all in quick time and make ...

Imagine that you have tried to reach a friend with whom you have an ambivalent relationship by phone or email, leaving messages, yet receiving no call in return. In a situation like this, it is easy ...

Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or supports one's prior beliefs or values. People display this bias when they select ...