8
votes
0answers
76 views

What is the bias/thought process that results in distrust of “formal” knowledge in favor of “folk” knowledge?

An interesting effect I've noticed is that certain groups of people seem to accept "folk knowledge" and value it over significantly better founded "formal" or scientific knowledge. In particular this ...
6
votes
2answers
38 views

What term describes the discrepancy in reported intention to vote and actual voting behaviour?

I am interested in prediction markets, where traders have a monetary incentive to bet on who they think would win in an election. I think that the financial incentive in prediction markets makes them ...
8
votes
2answers
164 views

Bias by which we tend to accept vague descriptions of ourselves

There's an effective strategy employed by horoscopes and "psychics" where they say vague statements like "You like being with friends but you value your time alone"; statements that basically "cover ...