The cognitive shortcut that clouds decision-making /

Business leaders are routinely confronted with bad information, and despite the common conviction that only others are vulnerable to biased judgment, they too fall prey to what researchers call the illusory truth effect. That is, merely repeating false claims increases their believability, leaving p...

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Bibliographic Details
Main Authors: Keersmaecker, Jonas de (Author), Schmid, Katharina (Author), Brashier, Nadia (Author), Unkelbach, Christian (Author)
Format: eBook
Language:English
Published: [Massachusetts] : MIT Sloan Management Review, 2022.
Edition:[First edition].
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Business leaders are routinely confronted with bad information, and despite the common conviction that only others are vulnerable to biased judgment, they too fall prey to what researchers call the illusory truth effect. That is, merely repeating false claims increases their believability, leaving people vulnerable to basing their decisions on misinformation. This article describes the phenomenon in detail and provides guidance on how to combat this cognitive bias.
Item Description:"Reprint 64120."
Physical Description:1 online resource (8 pages) : illustrations
Bibliography:Includes bibliographical references.