Finance

Analyze the Power of Confirmation Bias

Analyze the Power of Confirmation Bias

This article focus to Analyze the Power of Confirmation Bias. Here explain Power of Confirmation Bias in International finance perspective. The resulting impact from anchoring and overconfidence can be an additional form of bias termed as confirmation bias. This bias puts us at risk in the manner we perceive information. We continually extrapolate your own beliefs unconsciously and address information that supports might know about believe or want to believe more favorably. By treating all data with full objectivity you will not fall victim to confirmation bias in your decisions.