Tuesday, October 30, 2012

Hindsight bias 

The economy, “super PAC” money, debate performances, the candidates’ personalities. Roll it all together, and it’s obvious who’s going to win.

Or, uh, it will be.  Amid the many uncertainties of next Tuesday’s presidential election lies one sure thing: Many people will feel in their gut that they knew the result all along. Not only felt it coming, but swear they predicted it beforehand — remember? — and probably more than once.

These analysts won’t be hard to find. They will most likely include (in addition to news media pundits) neighbors, friends, co-workers and relatives, as well as the person whose reflection appears in the glare of the laptop screen. Most will also have a ready-made argument for why it was inevitable that Mitt Romney, or Barack Obama, won — displaying the sort of false, after-the-fact “foresight” that psychologists call hindsight bias.

More HERE

OK:  I'll make MY prediction beforehand, at the risk of being a "Nimrod". Romney will win as a beneficiary of the Bradley effect -- JR.

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