Consciously calculating unconscious bias: The role of dichotomous valuation

When making a decision, the first chooser has the privilege of first-mover advantage.

Like with any choice, when faced with data selection, people are influenced by their own biases. A new research paper by econometric expert Dr Xingwei Hu of the International Monetary Fund evaluates how people subconsciously view different variables and the way this influences their decision-making. By assessing decisions through dichotomous valuation, Dr Hu is able to show the extent to […]

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