Affinity Bias: We all have a natural tendency to gravitate toward people similar to us in terms of race, ethnicity, gender, age and lifestyle. This unconscious bias can lead us to hire people who look ...

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When estimating a treatment effect from observational data, researchers encounter bias regardless of estimation methods. In this paper, we focus on a particular method of estimation called Balance ...

Cognitive biases can pop up when your brain uses existing knowledge to make decisions quickly. In some cases, cognitive bias may lead you to make a snap judgment before thinking things through.

This paper makes an attempt to construct a property price index using the transaction price data for apartments in Tokyo. Property price indices are used to indicate economic vitality in urban areas ...

Confirmation bias happens when you unconsciously focus on ideas that match what you already believe. Possible reasons include wishful thinking, anxiety, info overload, and the need to protect yourself ...