A methodical and rational process for making decisions that entails assessing data to provide the best results possible given personal objectives and preferences Simon, H. A. (1955) AU97: The in-text citation "Simon, H. A. (1955)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. . “A Behavioral Model of Rational Choice.” Quarterly Journal of Economics, 69(1), 99–118.
Published in Chapter:
Exploring Groupthink Bias and Polarisation Bias
Leyla Aylin Aktukun (Istanbul University, Turkey)
Copyright: © 2024
|Pages: 18
DOI: 10.4018/979-8-3693-1766-2.ch005
Abstract
Cognitive biases play a crucial role in shaping human judgement and choices in the complex environment of decision making. This chapter provides a comprehensive examination of two prominent cognitive biases, groupthink bias, and polarisation bias. In this context, the importance of cognitive biases in decision-making processes is emphasised and placed in a rich research context. By meticulously detailing the methods and sources used in the research, the scope and main objectives of these biases are discussed, and a road map is endeavoured to be presented for a solution. This chapter has two aims: first, to elucidate the role and impact of cognitive biases in decision-making; and second, to provide a comprehensive analysis of two specific cognitive biases - groupthink bias and polarisation bias - and to provide a literature review on the subject, presenting a variety of different views and strategies for overcoming these biases. In addition, real-world examples provide vivid snapshots of how cognitive biases shape these areas.