by Alex Edmans | 25 Nov 2023 | A fact is not data, A statement is not fact, Confirmation bias, Diversity
Last week, Harvard Business Review published an article entitled “Research: How Women Improve Decision-Making on Boards”. It was widely shared on LinkedIn and someone tagged me in it, given my research on diversity, equity, and inclusion. When I became...
by Alex Edmans | 2 Nov 2023 | A fact is not data, A statement is not fact, Confirmation bias, Data is not evidence, Diversity
Today, BlackRock released a study, ‘Lifting Financial Performance By Investing in Women’ which has already been covered by the Financial Times (‘BlackRock study finds gender-balanced companies outperform peers’), Investment Week (‘BlackRock study finds companies with...
by Alex Edmans | 23 Sep 2023 | Confirmation bias
The first step in overcoming confirmation bias is to check the facts, even if you’re tempted to take them at face value. But doing so is not always straightforward. My TED talk opened with how Belle Gibson claimed to have beaten cancer through diet. Since Belle’s...
by Alex Edmans | 13 Jan 2023 | Confirmation bias
Some forms of confirmation bias occur when there’s little quantifiable at stake. If Republicans watch Fox News and Democrats are glued to MSNBC, their knowledge of the world will be less rich, but they don’t suffer any tangible loss. You’d hope that, if there’s money...
