You would think all participants would want to boost the chances of their new rescue efforts working, by providing the public with as much positive bias as possible.
"The stock had a run into the panel, and there was clearly some anticipation that it would vote favorably--the bulk of the notes out there had a positive bias, " Bonello says.
In fact, the positive trading bias of the stock comes at a time of maximum pessimism over the prospects of the company.
One caveat: The data have an inherent positive survivorship bias, as some companies captured in earlier years may have failed along the way.
In the past several years, one of the most respected institutions in the area of disease prevention has come under scrutiny for allowing its assessments to be colored by a bias toward positive results and to be swayed by advocacy in the wider society.
FORBES: How Activism Distorts The Assessment Of Health Risks
Many studies show that the mere positive image of specific groups of people can combat our hidden bias.
FORBES: Help for Working Mothers : First Let's Kill All the Biases
Offer customized training based upon survey results of current and former employees that includes examples of hidden bias, forms of unfairness that are hurtful and demotivating, and positive methods to discuss these issues.
FORBES: Help for Working Mothers : First Let's Kill All the Biases
After controlling for self-selection bias, the impact of PBC on reliability shifted from negative to strongly positive.
For example, research shows that people may hold an unconscious bias against creativity because it represents uncertainty unless they are able to perceive that uncertainty in a positive light.
CNN: The power of perceptions: Imagining the reality you want
As early as age 3, children have what researchers call a "positivity bias" a tendency to see themselves as smart regardless of their abilities, and to exaggerate positive traits in others, says a 2010 study in the journal Child Development Perspectives.
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