Imagine that you have tried to reach a friend with whom you have an ambivalent relationship by phone or email, leaving messages, yet receiving no call in return. In a situation like this, it is easy ...
A confirmation represents the acceptance of a new block (containing several transactions) by the blockchain network. A transaction with many confirmations means more blocks have passed since the block ...
Confirmation bias in investing can lead to skewed decision-making and missed opportunities. It is a kind of cognitive bias that occurs when investors favor information that supports their existing ...
Of the many cognitive biases that cloud our decision making, one that business leaders need to be particularly vigilant against is confirmation bias. Confirmation bias refers to our tendency to ...