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MY'STORY

The MOVE Fire

This is a personal recollection on the Move fire on May 13, 1985 Philadelphia police fired thousands of rounds at the MOVE house, city officials approved dropping an explosive device on the roof, the resulting fire was allowed to burn, 11 people—including five children—died, and 61 homes were destroyed. Philadelphia City Council later called it a “brutal attack carried out by the City of Philadelphia on its own citizens” and acknowledged that no individual faced criminal consequences for the bombing. One timeline correction worth preserving for the BHP record: the major previous MOVE-police confrontation was August 8, 1978, about seven years before the bombing, not a year or two earlier. Officer James Ramp was killed, other police and firefighters were wounded, nine MOVE members were later convicted, and television cameras recorded police beating Delbert Africa during his arrest. The 1985 MOVE Commission later specifically criticized city planners for failing to adequately use lessons from that 1978 confrontation. And that actually strengthens the point you’re making: 1985 did not happen without precedent or institutional memory. There had already been a deadly confrontation with MOVE, years of conflict, negotiations and police involvement before Osage Avenue.

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BLACK FACTS
The Truths They Never Taught You...

Wilmington 1898 — An American Coup

Wilmington, North Carolina once had a thriving Black middle class and an elected interracial government. In 1898 white supremacists used violence to overthrow that government, kill Black residents and drive many others from the city.

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BHP gathered finds from its connected research sources. Showing the 4 strongest Black History matches.
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Wikipedia

Debiasing

Debiasing is the reduction of bias, particularly with respect to judgment and decision making. Biased judgment and decision making is that which systematically deviates from the prescriptions of objective standards such as facts, logic, and rational behavior or prescriptive norms. Biased judgment and decision making exists in consequential domains such as medicine, law, policy, and business, as well as in everyday life. Investors, for example, tend to exhibit the disposition effect by holding onto falling stocks too long and selling rising stocks too quickly. Employers exhibit considerable discrimination in hiring and employment practices,[1] and some parents continue to believe that vaccinations cause autism despite knowing that this link is based on falsified evidence.[2] At an individual level, people who exhibit less decision bias have more intact social environments, reduced risk of alcohol and drug use, lower childhood delinquency rates, and superior planning and problem solving abilities.[3]

Debiasing can occur within the decision maker. For example, a person may learn or adopt better strategies by which to make judgments and decisions.[2][4] Debiasing can also occur as a result of changes in external factors, such as changing the incentives relevant to a decision or the manner in which the decision is made.[5]

There are three general approaches to debiasing judgment and decision making, and the costly errors with which biased judgment and decision making is associated: changing incentives, nudging, and training. Each approach has strengths and weaknesses. For more details, see Morewedge and colleagues (2015).[2]

General approaches

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Incentives

[edit]

Changing incentives can be an effective means to debias judgment and decision making. This approach is generally derived from economic theories suggesting that people act in their self-interest by seeking to maximize their utility over their lifetime. Many decision making biases may occur simply because they are more costly to eliminate than to ignore.[6] Making people more accountable for their decisions (increasing incentives), for example, can increase the extent to which they invest cognitive resources in making decisions, leading to less biased decision making when people generally have an idea of how a decision should be made.[7] However, "bias" might not be the appropriate term for these types of decision making errors. These "strategy-based" errors occur simply because the necessary effort outweighs the benefit.[6] If a person makes a suboptimal choice based on an actual bias, then incentives may exacerbate the issue.[7] An incentive in this case may simply cause the person to perform the suboptimal behavior more enthusiastically.[6]

Incentives can be calibrated to change preferences toward more beneficial behavior. Price cuts on healthy foods increase their consumption in school cafeterias,[8] and soda taxes appear to reduce soda consumption by the public. People often are willing to use incentives to change their behavior through the means of a commitment device. Shoppers, for example, were willing to forego a cash back rebate on healthy food items if they did not increase the percentage of healthy foods in their shopping baskets.[9]

Incentives can backfire when they are miscalibrated or are weaker than social norms that were preventing undesirable behavior. Large incentives can also lead people to choke under pressure.[10]

Nudges

[edit]

Nudges, changes in information presentation or the manner by which judgments and decisions are elicited, is another means to debiasing. People may choose healthier foods if they are better able to understand their nutritional contents,[11] and may choose lower-calorie meals if they are explicitly asked if they would like to downsize their side orders.[12] Other examples of nudges include changing which option is the default option to which people will be assigned if they do not choose an alternative option, placing a limit on the serving size of soda, or automatically enrolling employees in a retirement savings program.

Training

[edit]

Training can effectively debias decision makers over the long term.[2][13][14] Training, to date, has received less attention by academics and policy makers than incentives and nudges because initial debiasing training efforts resulted in mixed success (see Fischhoff, 1982 in Kahneman et al.[15]). Decision makers could be effectively debiased through training in specific domains. For example, experts can be trained to make very accurate decisions when decision making entails recognizing patterns and applying appropriate responses in domains such as firefighting, chess, and weather forecasting. Evidence of more general debiasing, across domains and different kinds of problems, however, was not discovered until recently. The reason for the lack of more domain-general debiasing was attributed to experts failing to recognize the underlying "deep structure" of problems in different formats and domains. Weather forecasters are able to predict rain with high accuracy, for example, but show the same overconfidence in their answers to basic trivia questions as other people. An exception was graduate training in scientific fields heavily reliant on statistics such as psychology.[16]

Experiments by Morewedge and colleagues (2015) have found interactive computer games and instructional videos can result in long-term debiasing at a general level. In a series of experiments, training with interactive computer games that provided players with personalized feedback, mitigating strategies, and practice, reduced six cognitive biases by more than 30% immediately and by more than 20% as long as three months later. The biased reduced were anchoring, bias blind spot, confirmation bias, fundamental attribution error, projection bias, and representativeness.[2][13]

Training in reference class forecasting may also improve outcomes. Reference class forecasting is a method for systematically debiasing estimates and decisions, based on what Daniel Kahneman calls the outside view. As pointed out by Kahneman in Thinking, Fast and Slow (p. 252), one of the reasons reference class forecasting is effective for debiasing is that, in contrast to conventional forecasting methods, it takes into account the so-called "unknown unknowns." According to Kahneman, reference class forecasting is effective for debiasing and "has come a long way" in practical implementation since he originally proposed the idea with Amos Tversky (p. 251).

Sometimes effective strategies

[edit]

Incentives

[edit]
  • Paying people for optimal behavior through bonuses or by providing discounts (e.g., to exercise, to take their medication, to trade in fuel inefficient vehicles such as the "cash for clunkers" program).[17]
  • Taxing people for suboptimal behavior (e.g., drinking soda, smoking tobacco, and weed).

Nudges

[edit]
  • Using default effect to nudge people towards decisions optimal for the decision maker or society.
  • Commitment devices that makes it more costly to make suboptimal decisions (e.g., Schwartz et al., 2014[9]).
  • Reframing choice options in ways that make important attributes salient. Labeling hamburger meat 25% fat, for example, makes people more sensitive to fat content than labeling it 75% lean.
  • Presenting information in formats that make critical information easier to evaluate, such as displaying nutritional value using a "traffic light" system.[11]

Training

[edit]
  • Providing people with personalized feedback regarding the direction and degree to which they exhibit bias.[2]
  • Teaching a "consider-the-alternative" strategy, such as considering a plausible alternative reason for an event than cause one suspects.[18]
  • Teaching people statistical reasoning and normative rules of which they are unaware.[16]
  • Encouraging people to take the perspective of a person who will experience the consequences of their decision can reduce bias. Participants who were shown a "morphed" image of their face to resemble themselves upon retirement were more likely to save money for the future rather than elect to receive it in the present.[19]
  • Encourage, incentivize, or make mandatory the use of reference class forecasting. Reference class forecasting was made mandatory in Great Britain and Denmark for large government infrastructure projects with the explicit purpose of eliminating optimism bias.

See also

[edit]

References

[edit]
  1. ^ Mullainathan, Sendhil (January 3, 2015). "Racial Bias, Even When We Have Good Intentions". The New York Times. Retrieved July 25, 2016.
  2. ^ a b c d e f Morewedge, C. K.; Yoon, H.; Scopelliti, I.; Symborski, C. W.; Korris, J. H.; Kassam, K. S. (13 August 2015). "Debiasing Decisions: Improved Decision Making With a Single Training Intervention" (PDF). Policy Insights from the Behavioral and Brain Sciences. 2 (1): 129–140. doi:10.1177/2372732215600886. S2CID 4848978.
  3. ^ Parker, Andrew M.; Fischhoff, Baruch (January 2005). "Decision-making competence: External validation through an individual-differences approach". Journal of Behavioral Decision Making. 18 (1): 1–27. doi:10.1002/bdm.481.
  4. ^ Larrick, Richard (2004). "Debiasing". Blackwell handbook of judgment and decision making (1st ed.). Malden, Mass. [u.a.]: Blackwell. p. 316. ISBN 978-1-4051-0746-4.
  5. ^ Sunstein, Richard H. Thaler, Cass R. (2008). Nudge: improving decisions about health, wealth, and happiness (Revised and expanded ed.). New Haven, CT: Yale University Press. ISBN 9780300122237.{{cite book}}: CS1 maint: multiple names: authors list (link)
  6. ^ a b c Arkes, Hal R. (1991). "Costs and benefits of judgment errors: Implications for debiasing". Psychological Bulletin. 110 (3): 486–498. doi:10.1037/0033-2909.110.3.486.
  7. ^ a b Lerner, Jennifer S.; Tetlock, Philip E. (1999). "Accounting for the effects of accountability". Psychological Bulletin. 125 (2): 255–275. doi:10.1037/0033-2909.125.2.255. PMID 10087938.
  8. ^ French, SA (2003). "Pricing effects on food choices". The Journal of Nutrition. 133 (3): 841S–843S. doi:10.1093/jn/133.3.841S. PMID 12612165.
  9. ^ a b Schwartz, J.; Mochon, D.; Wyper, L.; Maroba, J.; Patel, D.; Ariely, D. (3 January 2014). "Healthier by Precommitment". Psychological Science. 25 (2): 538–546. doi:10.1177/0956797613510950. PMID 24390824. S2CID 5113311.
  10. ^ Ariely, Dan; Gneezy, Uri; Loewenstein, George; Mazar, Nina (April 2009). "Large Stakes and Big Mistakes" (PDF). Review of Economic Studies. 76 (2): 451–469. doi:10.1111/j.1467-937X.2009.00534.x. Archived from the original on 2016-03-13.{{cite journal}}: CS1 maint: bot: original URL status unknown (link)
  11. ^ a b Trudel, Remi; Murray, Kyle B.; Kim, Soyoung; Chen, Shuo (2015). "The impact of traffic light color-coding on food health perceptions and choice". Journal of Experimental Psychology: Applied. 21 (3): 255–275. doi:10.1037/xap0000049. PMID 26121372.
  12. ^ Schwartz, J.; Riis, J.; Elbel, B.; Ariely, D. (8 February 2012). "Inviting Consumers To Downsize Fast-Food Portions Significantly Reduces Calorie Consumption". Health Affairs. 31 (2): 399–407. doi:10.1377/hlthaff.2011.0224. PMID 22323171.
  13. ^ a b Morewedge, Carey K. (2015-10-13). "How a Video Game Helped People Make Better Decisions". Harvard Business Review. Retrieved 2015-10-17.
  14. ^ Dhami, Mandeep (2013). Judgment and Decision Making as a Skill: Learning, Development and Evolution. Cambridge University Press. ISBN 9781107676527.
  15. ^ Fischhoff, Baruch (1982-04-30). "Debiasing". In Kahneman, Daniel; Slovic, Paul; Tversky, Amos (eds.). Judgment Under Uncertainty: Heuristics and Biases. Cambridge University Press. ISBN 9780521284141.
  16. ^ a b Nisbett, R. E.; Fong, G. T.; Lehman, D. R.; Cheng, P. W. (1987-10-30). "Teaching reasoning". Science. 238 (4827): 625–631. Bibcode:1987Sci...238..625N. doi:10.1126/science.3672116. hdl:2027.42/92170. ISSN 0036-8075. PMID 3672116.
  17. ^ Simmons, Joseph P.; LeBoeuf, Robyn A.; Nelson, Leif D. (2010). "The effect of accuracy motivation on anchoring and adjustment: Do people adjust from provided anchors?". Journal of Personality and Social Psychology. 99 (6): 917–932. doi:10.1037/a0021540. PMID 21114351.
  18. ^ Hirt, Edward R.; Markman, Keith D. (1995). "Multiple explanation: A consider-an-alternative strategy for debiasing judgments". Journal of Personality and Social Psychology. 69 (6): 1069–1086. doi:10.1037/0022-3514.69.6.1069.
  19. ^ Hershfield, Hal E; Goldstein, Daniel G; Sharpe, William F; Fox, Jesse; Yeykelis, Leo; Carstensen, Laura L; Bailenson, Jeremy N (2011-11-01). "Increasing Saving Behavior Through Age-Progressed Renderings of the Future Self". Journal of Marketing Research. 48 (SPL): S23–S37. doi:10.1509/jmkr.48.SPL.S23. ISSN 0022-2437. PMC 3949005. PMID 24634544.

Source: Wikipedia. Article content is retrieved live through the MediaWiki API.

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Wikipedia

Debiasing

Debiasing is the reduction of bias, particularly with respect to judgment and decision making. Biased judgment and decision making is that which systematically deviates from the prescriptions of objective standards such as facts, logic, and rational behavior or prescriptive norms. Biased judgment and decision making exists in consequential domains such as medicine, law, policy, and business, as well as in everyday life. Investors, for example, tend to exhibit the disposition effect by holding onto falling stocks too long and selling rising stocks too quickly. Employers exhibit considerable discrimination in hiring and employment practices, and some parents continue to believe that vaccinations cause autism despite knowing that this link is based on falsified evidence. At an individual level, people who exhibit less decision bias have more intact social environments, reduced risk of alcohol and drug use, lower childhood delinquency rates, and superior planning and problem solving abilities. Debiasing can occur within the decision maker. For example, a person may learn or adopt better strategies by which to make judgments and decisions. Debiasing can also occur as a result of changes in external factors, such as changing the incentives relevant to a decision or the manner in which the decision is made. There are three general approaches to debiasing judgment and decision making, and the costly errors with which biased judgment and decision making is associated: changing incentives, nudging, and training. Each approach has strengths and weaknesses. For more details, see Morewedge and colleagues (2015).

MORE →
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Wikipedia

Cognitive bias mitigation

Cognitive bias mitigation is the prevention and reduction of the negative effects of cognitive biases – unconscious, automatic influences on human judgment and decision making that reliably produce reasoning errors. Coherent comprehensive theories of cognitive bias mitigation are lacking; however, there are debiasing tools, methods, proposals, and other initiatives in academic and professional disciplines concerned with the efficacy of human reasoning, associated with the concept of cognitive bias mitigation, although most address mitigation tacitly rather than explicitly. A long-standing debate regarding human decision making bears on the development of a theory and practice of bias mitigation. This debate contrasts the rational economic agent standard for decision making versus one grounded in human social needs and motivations. The debate also contrasts the methods used to analyze and predict human decision making, i.e. formal analysis emphasizing intellectual capacities versus heuristics emphasizing emotional states.

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Wikipedia

Cognitive bias

A cognitive bias is a systematic pattern of deviation from the norm or rationality in judgment. Individuals create their own "subjective reality" from their perception of the input. An individual's construction of reality, not the objective input, may dictate their behavior in the world. Thus, cognitive biases may sometimes lead to perceptual distortion, inaccurate judgment, illogical interpretation, and irrationality. While cognitive biases may initially appear to be negative, some are adaptive. They may lead to more effective actions in a given context. Furthermore, allowing cognitive biases enables faster decisions which can be desirable when timeliness is more valuable than accuracy, as illustrated in heuristics. Other cognitive biases are a "by-product" of human processing limitations, resulting from a lack of appropriate mental mechanisms (bounded rationality), the impact of an individual's constitution and biological state (embodied cognition), or simply from a limited capacity for information processing. Cognitive biases can make individuals more inclined to endorsing pseudoscientific beliefs by requiring less evidence for claims that confirm their preconceptions. This can potentially distort their perceptions and lead to inaccurate judgments. A continually evolving list of cognitive biases has been identified over the last six decades of research on human judgment and decision-making in cognitive science, social psychology, and behavioral economics. The study of cognitive biases has practical implications for areas including clinical judgment, entrepreneurship, finance, and management.

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Wikipedia

Dunning–Kruger effect

The Dunning–Kruger effect is a cognitive bias that describes the systematic tendency of people with low ability in a specific area to give overly positive assessments of their ability. The term may also refer to the tendency of high performers to underestimate their skills. The effect was formalized and empirically studied by the psychologists David Dunning and Justin Kruger in 1999. In popular culture, the Dunning–Kruger effect is sometimes misunderstood as claiming that people with low intelligence are generally overconfident, instead of denoting specific overconfidence of people unskilled in particular areas. The original study by Dunning and Kruger focused on logical reasoning, grammar, and social skills. Later, the effect has been demonstrated across multiple studies in a wide range of tasks from fields such as business, politics, medicine, driving, aviation, spatial memory, examinations in school, and literacy. The effect is usually measured by comparing self-assessment with objective performance. For example, participants may take a quiz and estimate their performance afterward, and their estimates are then compared to their actual results. A number of explanations for, and criticisms of, the Dunning–Kruger effect have been proposed. The metacognitive explanation holds that poor performers misjudge their abilities because they lack the ability to recognize the qualitative difference between their performances and the performances of others. The statistical explanation holds that the empirical effect may largely be the result of a mere statistical effect and the fact that people have a general tendency to think that they are better than average. The rational explanation holds that overly positive prior beliefs about one's skills are the source of false self-assessment. Another explanation claims that self-assessment is more difficult and error-prone for low performers because many of them have very similar skill levels. There is also disagreement about where the effect applies and about how strong it is, as well as about the practical consequences of the effect. Inaccurate self-assessment could potentially lead low-performers to make poor decisions, such as choosing a career for which they are unfit or engaging in dangerous behavior, or could inhibit them from addressing their shortcomings to improve their competency.

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TOPIC OF THE DAY

Greenwood / Black Wall Street

Before the 1921 destruction of Tulsa’s Greenwood District, Black residents had created a remarkable center of business and community life. The district included stores, professional offices, entertainment venues and homes owned by Black citizens. Understanding Greenwood means learning what was built—not only what was burned.

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TRIVIA QUESTION OF THE DAY

Who was the first African-American woman millionaire in the United States?

Madam C.J. Walker