... biases. Self-attribution bias occurs when individuals attribute their successes to their abilities but blame their failures on external adversities, rather than their own insufficient skills. This perspective creates a fulfilling but deceitful sense of high competence. The other is hindsight bias, where...

...Michael R. Powers Purpose In forecasting unknown quantities, risk and finance decision makers often rely on one or more biased experts, statistical specialists representing parties with an interest in the decision maker's final forecast. This problem arises in a variety of contexts...