Conservatism (Bayesian)
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Conservatism (Bayesian)
In cognitive psychology and decision science, conservatism or conservatism bias is a bias which refers to the tendency to revise one's belief insufficiently when presented with new evidence. This bias describes human belief revision in which people over-weigh the prior distribution (base rate) and under-weigh new sample evidence when compared to Bayesian belief-revision. According to the theory, "opinion change is very orderly, and usually proportional to the numbers of Bayes' theorem – but it is insufficient in amount". In other words, people update their prior beliefs as new evidence becomes available, but they do so more slowly than they would if they used Bayes' theorem. This bias was discussed by Ward Edwards in 1968, who reported on experiments like the following one: There are two bookbags, one containing 700 red and 300 blue chips, the other containing 300 red and 700 blue. Take one of the bags. Now, you sample, randomly, with replacement after each chip. In 12 sampl ...
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Cognitive Psychology
Cognitive psychology is the scientific study of human mental processes such as attention, language use, memory, perception, problem solving, creativity, and reasoning. Cognitive psychology originated in the 1960s in a break from behaviorism, which held from the 1920s to 1950s that unobservable mental processes were outside the realm of empirical science. This break came as researchers in linguistics and cybernetics, as well as applied psychology, used models of mental processing to explain human behavior. Work derived from cognitive psychology was integrated into other branches of psychology and various other modern disciplines like cognitive science, linguistics, and economics. History Philosophically, ruminations on the human mind and its processes have been around since the times of the Ancient Greece, ancient Greeks. In 387 BCE, Plato had suggested that the brain was the seat of the mental processes. In 1637, René Descartes posited that humans are born with innate ideas and ...
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Information-theoretic
Information theory is the mathematical study of the quantification, storage, and communication of information. The field was established and formalized by Claude Shannon in the 1940s, though early contributions were made in the 1920s through the works of Harry Nyquist and Ralph Hartley. It is at the intersection of electronic engineering, mathematics, statistics, computer science, neurobiology, physics, and electrical engineering. A key measure in information theory is entropy. Entropy quantifies the amount of uncertainty involved in the value of a random variable or the outcome of a random process. For example, identifying the outcome of a fair coin flip (which has two equally likely outcomes) provides less information (lower entropy, less uncertainty) than identifying the outcome from a roll of a die (which has six equally likely outcomes). Some other important measures in information theory are mutual information, channel capacity, error exponents, and relative entropy. ...
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Cognitive Psychology
Cognitive psychology is the scientific study of human mental processes such as attention, language use, memory, perception, problem solving, creativity, and reasoning. Cognitive psychology originated in the 1960s in a break from behaviorism, which held from the 1920s to 1950s that unobservable mental processes were outside the realm of empirical science. This break came as researchers in linguistics and cybernetics, as well as applied psychology, used models of mental processing to explain human behavior. Work derived from cognitive psychology was integrated into other branches of psychology and various other modern disciplines like cognitive science, linguistics, and economics. History Philosophically, ruminations on the human mind and its processes have been around since the times of the Ancient Greece, ancient Greeks. In 387 BCE, Plato had suggested that the brain was the seat of the mental processes. In 1637, René Descartes posited that humans are born with innate ideas and ...
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Cognitive Inertia
Cognitive inertia is the tendency – for a particular orientation in an individual's thinking about a matter, belief, or strategy – to resist change. Clinical and neuroscientific literature often describes it as a lack of motivation to generate cognitive processes needed to attend to a matter or problem. The physics term "inertia" emphasizes resistance to change in a mode of cognitive processing that has been used for a substantial time. Commonly confused with belief perseverance, cognitive inertia is perseverance in an interpretation of information, not perseverance in the belief itself. Cognitive inertia has been causally implicated in disregard of impending threats to one's health or environment, in enduring political values, and in deficits in task switching. Interest in the phenomenon was taken up by economic and industrial psychologists primarily to explain resistance to change in brand loyalty, in group brainstorming, and in business strategizing.  In a clinica ...
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Belief Revision
Belief revision (also called belief change) is the process of changing beliefs to take into account a new piece of information. The formal logic, logical formalization of belief revision is researched in philosophy, in databases, and in artificial intelligence for the design of intelligent agent, rational agents. What makes belief revision non-trivial is that several different ways for performing this operation may be possible. For example, if the current knowledge includes the three facts "A is true", "B is true" and "if A and B are true then C is true", the introduction of the new information "C is false" can be done preserving consistency only by removing at least one of the three facts. In this case, there are at least three different ways for performing revision. In general, there may be several different ways for changing knowledge. Revision and update Two kinds of changes are usually distinguished: ; update : the new information is about the situation at present, while t ...
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Bayesian Inference
Bayesian inference ( or ) is a method of statistical inference in which Bayes' theorem is used to calculate a probability of a hypothesis, given prior evidence, and update it as more information becomes available. Fundamentally, Bayesian inference uses a prior distribution to estimate posterior probabilities. Bayesian inference is an important technique in statistics, and especially in mathematical statistics. Bayesian updating is particularly important in the dynamic analysis of a sequence of data. Bayesian inference has found application in a wide range of activities, including science, engineering, philosophy, medicine, sport, and law. In the philosophy of decision theory, Bayesian inference is closely related to subjective probability, often called "Bayesian probability". Introduction to Bayes' rule Formal explanation Bayesian inference derives the posterior probability as a consequence of two antecedents: a prior probability and a "likelihood function" derive ...
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Strong Prior
A prior probability distribution of an uncertain quantity, simply called the prior, is its assumed probability distribution before some evidence is taken into account. For example, the prior could be the probability distribution representing the relative proportions of voters who will vote for a particular politician in a future election. The unknown quantity may be a parameter of the model or a latent variable rather than an observable variable. In Bayesian statistics, Bayes' rule prescribes how to update the prior with new information to obtain the posterior probability distribution, which is the conditional distribution of the uncertain quantity given new data. Historically, the choice of priors was often constrained to a conjugate family of a given likelihood function, so that it would result in a tractable posterior of the same family. The widespread availability of Markov chain Monte Carlo methods, however, has made this less of a concern. There are many ways to construct ...
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Confirmation Bias
Confirmation bias (also confirmatory bias, myside bias, or congeniality bias) is the tendency to search for, interpret, favor and recall information in a way that confirms or supports one's prior beliefs or Value (ethics and social sciences), values. People display this bias when they select information that supports their views, ignoring contrary information or when they interpret ambiguous evidence as supporting their existing attitudes. The effect is strongest for desired outcomes, for emotionally charged issues and for deeply entrenched beliefs. Biased search for information, biased interpretation of this information and biased memory recall, have been invoked to explain four specific effects: # ''attitude polarization'' (when a disagreement becomes more extreme even though the different parties are exposed to the same evidence) # ''belief perseverance'' (when beliefs persist after the evidence for them is shown to be false) # the ''irrational primacy effect'' (a greater relia ...
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Belief Perseverance
Belief perseverance (also known as conceptual conservatism) is maintenance of a belief despite new information that firmly contradicts it. Since rationality involves conceptual flexibility, belief perseverance is consistent with the view that human beings act at times in an irrational manner. Philosopher F.C.S. Schiller holds that belief perseverance "deserves to rank among the fundamental 'laws' of nature". If beliefs are strengthened after others attempt to present evidence debunking them, this is known as a ''backfire effect''. There are psychological mechanisms by which backfire effects could potentially occur, but the evidence on this topic is mixed, and backfire effects are very rare in practice. A 2020 review of the scientific literature on backfire effects found that there have been widespread failures to replicate their existence, even under conditions that theoretically would be favorable to observing them. Due to the lack of reproducibility, most researchers belie ...
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Base Rate Fallacy
The base rate fallacy, also called base rate neglect or base rate bias, is a type of fallacy in which people tend to ignore the base rate (e.g., general prevalence) in favor of the individuating information (i.e., information pertaining only to a specific case). For example, if someone hears that a friend is very shy and quiet, they might think the friend is more likely to be a librarian than a salesperson. However, there are far more salespeople than librarians overall—hence making it more likely that their friend is actually a salesperson, even if a greater proportion of librarians fit the description of being shy and quiet. Base rate neglect is a specific form of the more general extension neglect. It is also called the prosecutor's fallacy or defense attorney's fallacy when applied to the results of statistical tests (such as DNA tests) in the context of law proceedings. These terms were introduced by William C. Thompson and Edward Schumann in 1987, although it has been arg ...
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Anchoring Bias
The anchoring effect is a psychological phenomenon in which an individual's judgments or decisions are influenced by a reference point or "anchor" which can be completely irrelevant. Both numeric and non-numeric anchoring have been reported through research. In numeric anchoring, once the value of the anchor is set, subsequent arguments, estimates, etc. made by an individual may change from what they would have otherwise been without the anchor. For example, an individual may be more likely to purchase a car if it is placed alongside a more expensive model (the anchor). Prices discussed in negotiations that are lower than the anchor may seem reasonable, perhaps even cheap to the buyer, even if said prices are still relatively higher than the actual market value of the car. Another example may be when estimating the orbit of Mars, one might start with the Earth's orbit (365 days) and then adjust upward until they reach a value that seems reasonable (usually less than 687 days, the co ...
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Decision Science
Decision may refer to: Law and politics *Judgment (law), as the outcome of a legal case * Landmark decision, the outcome of a case that sets a legal precedent * ''Per curiam'' decision, by a court with multiple judges Books * ''Decision'' (novel), a 1983 political novel by Allen Drury *''Decisions'', a 1997 poetry collection by Chimamanda Ngozi Adichie Sports * Decision (baseball), a statistical credit earned by a baseball pitcher * Decisions in combat sports * Decisions (professional wrestling), by which a wrestler scores a point against his opponent Film and TV * ''Decision'' (TV series), an American anthology TV series Music Albums * ''Decisions'' (George Adams and Don Pullen album), 1984 * ''Decisions'' (The Winans album), 1987 * ''Decided'' (mixtape) by YoungBoy Never Broke Again, 2018 Songs * "Decisions" (song), by Borgore featuring Miley Cyrus *"Decisions", song by The Expression Tom Haran 1983 *"Decisions", song by Van McCoy 1979 *"Decision", a song by Busta Rhymes ...
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