Definition: Confirmation Bias is the human tendency to gather, remember and interpret information in a biased way, thus confirming their beliefs, values or hypotheses.
Learn more about Confirmation Bias
More on individual decision making: Anchoring Bias, Bayesian Theory, Black Swan Theory, Bounded Rationality, Cognitive Bias, more...
You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA.
MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.
We like to keep things short, and provide links to learn more about your subject.
© 2023 MBA Brief - Last updated: 31-5-2023 - Privacy | Terms