Confirmation Biases in the Financial Analysis of IT Investments

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Summary

It is shown that IT and financial expertise lead to different forecasting patterns, and that financially competent participants are more subject to confirmatory biases and have a tendency to hold on to a currently favored hypothesis throughout their analysis.

Type
article
Published
2014-01-01
Cited by
20
References
71

Keywords

Confirmation bias, Dual (grammatical number), Confirmatory factor analysis, Finance, Investment (military)

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