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Open Access
Article
Publication date: 25 November 2022

Anshita Bihari, Manoranjan Dash, Sanjay Kumar Kar, Kamalakanta Muduli, Anil Kumar and Sunil Luthra

This study systematically explores the patterns and connections in the behavioural bias and investment decisions of the existing literature in the Scopus database…

Abstract

Purpose

This study systematically explores the patterns and connections in the behavioural bias and investment decisions of the existing literature in the Scopus database published between 2007 and 2022. The purpose of this paper is to address this issue.

Findings

In the article it was determined which contributed documents were the most significant in this particular subject area along with the citations, publications and nations that were associated with them. The bibliographic coupling offered more in-depth insights into the papers by organizing them into distinct groups. The pattern of the publications has been brought to light, and the connection between different types of literature has provided insight into the path that future studies should take.

Research limitations/implications

This study considered only articles from the Scopus database. Future studies can be based on papers that have been published in other databases.

Originality/value

The outcome of this study provides valuable insights into the intellectual structure and biases of investors and adds value to existing knowledge. This review provides a road map for the future trend of research on behavioural bias and investment decisions.

Details

International Journal of Industrial Engineering and Operations Management, vol. 4 no. 1/2
Type: Research Article
ISSN: 2690-6090

Keywords

Article
Publication date: 29 November 2022

Brandy Pieper and Masha Krsmanovic

The purpose of this study is to examine whether implicit bias exists within the graduate admissions process at a large public research university in the Southeast United…

Abstract

Purpose

The purpose of this study is to examine whether implicit bias exists within the graduate admissions process at a large public research university in the Southeast United States. Additionally, this research sought to identify the type of strategies graduate faculty in the USA use to assess their implicit bias and the support they may need to better recognize and gauge implicit bias during the graduate application review process.

Design/methodology/approach

This study used the use of a qualitative, phenomenological research design by conducting individual interviews with graduate faculty members that serve on admissions committees.

Findings

The findings revealed six themes in relation to the purpose of the study – bias recognition, faculty perceptions of their own bias, faculty perceptions on the bias of others, strategies for the application review process, admission committee safeguards and the need for implicit bias training.

Originality/value

The study outcomes are discussed in relation to the prior research and literature on this phenomenon. Additionally, the study presents research and practical implications, including actionable strategies for how its results can be practically applied.

Details

Studies in Graduate and Postdoctoral Education, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2398-4686

Keywords

Article
Publication date: 31 October 2022

M. Mujiya Ulkhaq, Susatyo N.W. Pramono and Arga Adyatama

Judging bias is ironically an inherent risk in every competition, which might threaten the fairness and legitimacy of the competition. The patriotism effect represents one…

Abstract

Purpose

Judging bias is ironically an inherent risk in every competition, which might threaten the fairness and legitimacy of the competition. The patriotism effect represents one source of judging bias as the judge favors contestants who share the same sentiments, such as the nationalistic, racial, or cultural aspects. This study attempts to explore this type of judging bias in a university student competition. In addition, this study tries to expand the literature on judging bias by proposing the term universitarian bias as the judge is suspected to give a higher score to contestants from the same university.

Design/methodology/approach

The association rule of data mining is used to accomplish the objective of the study. To demonstrate the applicability of the method, the data set from the annual national university student competition in Indonesia is exploited.

Findings

The result strongly discovers that the universitarian bias is likely to be present. Some recommendations are also provided in order to minimize the bias that might happen again in the future.

Practical implications

As the implication of the presence of the universitarian bias, the committee should remove all the university features attributed to the participants. This endeavor is expected to minimize the universitarian bias that might happen.

Originality/value

This research is claimed to be the first attempt in implementing the data mining technique in the field of judging bias.

Details

Journal of Applied Research in Higher Education, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2050-7003

Keywords

Article
Publication date: 24 October 2022

Danielle A. Morris-O'Connor, Andreas Strotmann and Dangzhi Zhao

To add new empirical knowledge to debates about social practices of peer production communities, and to conversations about bias and its implications for democracy. To…

Abstract

Purpose

To add new empirical knowledge to debates about social practices of peer production communities, and to conversations about bias and its implications for democracy. To help identify Wikipedia (WP) articles that are affected by systematic bias and hopefully help alleviate the impact of such bias on the general public, thus helping enhance both traditional (e.g. libraries) and online information services (e.g. Google) in ways that contribute to democracy. This paper aims to discuss the aforementioned objectives.

Design/methodology/approach

Quantitatively, the authors identify edit-warring camps across many conflict zones of the English language WP, and profile and compare success rates and typologies of camp edits in the corresponding topic areas. Qualitatively, the authors analyze the edit war between two senior WP editors that resulted in imbalanced and biased articles throughout a topic area for such editorial characteristics through a close critical reading.

Findings

Through a large-scale quantitative study, the authors find that winner-take-all camps exhibit biasing editing behaviors to a much larger extent than the camps they successfully edit-war against, confirming findings of prior small-scale qualitative studies. The authors also confirm the employment of these behaviors and identify other behaviors in the successful silencing of traditional medicinal knowledge on WP by a scientism-biased senior WP editor through close reading.

Social implications

WP sadly does, as previously claimed, appear to be a platform that represents the biased viewpoints of its most stridently opinionated Western white male editors, and routinely misrepresents scholarly work and scientific consensus, the authors find. WP is therefore in dire need of scholarly oversight and decolonization.

Originality/value

The authors independently verify findings from prior personal accounts of highly power-imbalanced fights of scholars against senior editors on WP through a third-party close reading of a much more power balanced edit war between senior WP editors. The authors confirm that these findings generalize well to edit wars across WP, through a large scale quantitative analysis of unbalanced edit wars across a wide range of zones of contention on WP.

Details

Journal of Documentation, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0022-0418

Keywords

Article
Publication date: 27 September 2022

Visar Hoxha and Islam Hasani

The overall purpose of the study is to identify the impact of heuristics, prospect theory biases and personality traits on property investment decision-making of rank and…

Abstract

Purpose

The overall purpose of the study is to identify the impact of heuristics, prospect theory biases and personality traits on property investment decision-making of rank and file individuals in Kosovo, with a concentration in Prishtina, which is the city with the largest number of investors and property transactions in Kosovo.

Design/methodology/approach

The present study used quantitative research with the questionnaire used as a research instrument. The questionnaire survey was conducted with 1,209 rank and file property investors in Prishtina, Kosovo. The sampling method used in this research was stratified random sampling.

Findings

The study finds that heuristics, prospect theory biases and personality traits as a whole model affect investment decision-making in Prishtina, Kosovo. Nevertheless, the study finds that not all dimensions of the constructed research model (heuristics, the prospect theory and personality) affect the property investment decision-making in Prishtina at the same level. Whereas prospect theory biases (regret aversion, framing and self-control) seem to very strongly influence property investment decision-making of rank and file investors in Prishtina, personality traits (conscientiousness, neuroticism and openness to new experiences) seem not to affect the real estate investment decision-making. Finally, heuristics biases also strongly influence the real estate investment decision-making with a strong statistically significant explanatory power but not to the same degree as prospect theory biases.

Practical implications

The present study contributes toward the understanding of the role that is played by heuristics, prospect theory biases and personality traits in Kosovo's property investment industry. More importantly, the implication of the results of the present study is that it goes some way toward enhancing understanding of heuristic and prospect theory-driven biases and their influence on property investment decision-making in a developing economy. The present study paves the way to further analyze why personality traits do not influence property investment decision-making in Kosovo.

Originality/value

The present study is the first quantification of the impact of heuristics, prospect theory biases and personality traits on the investment decision-making of rank and file individuals in Prishtina, Kosovo.

Details

Journal of Property Investment & Finance, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1463-578X

Keywords

Article
Publication date: 20 September 2022

Yajie Hu and Shasha Zhou

Online reviews in online health communities (OHCs) have been a vital information source for patients. The extant literature on the bias effects of helpful reviews mainly…

Abstract

Purpose

Online reviews in online health communities (OHCs) have been a vital information source for patients. The extant literature on the bias effects of helpful reviews mainly concentrates on traditional e-commerce, whereas research on OHCs is still rare. Thus, based on the heuristic-systematic model (HSM), this research explores how two unique reviewer characteristics in OHCs, which may induce attribution bias and confirmation bias, affect review helpfulness and how review length moderates these relationships.

Design/methodology/approach

This research analyzed 130,279 reviews collected from haodf.com (one of the representative OHCs in China) by adopting the negative binomial regression to test our research model.

Findings

The results indicate that reviewer cured status positively influences review helpfulness, whereas reviewer recommendation source negatively affects review helpfulness. Moreover, the effects of the two reviewer cues on review helpfulness will be weaker for longer reviews.

Originality/value

First, as one of the initial attempts, the current study investigates the effects of confirmation bias and attribution bias of online reviews in OHCs by exploring the effects of two unique reviewer characteristics on review helpfulness. Second, the weakening moderating effects of review length on the two bias effects provide empirical support for the theoretical arguments of the HSM in OHCs.

Details

Online Information Review, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1468-4527

Keywords

Article
Publication date: 1 February 1995

Ronald J. Burke

Examines the relationship of individual demographiccharacteristics, work‐setting factors and work outcomes to perceivedbias, both personally experienced and observed in…

1090

Abstract

Examines the relationship of individual demographic characteristics, work‐setting factors and work outcomes to perceived bias, both personally experienced and observed in organizational decision making. Data were collected from 829 women and 766 men employed in a single professional services firm using anonymously completed questionnaires. Although both women and men perceived bias, women reported significantly higher levels of both personally experienced and observed bias. Perceived bias was correlated with work settings and work outcomes similarly for women and men. Women and men experiencing and observing more bias, described the work setting as less favourable and were less satisfied, more likely to quit and saw the organization as less committed to fairness and due process. Draws implications for management and organizations.

Details

International Journal of Career Management, vol. 7 no. 1
Type: Research Article
ISSN: 0955-6214

Keywords

Article
Publication date: 1 August 2003

Idil Sayrac Yaveroglu, Naveen Donthu and Adriana Garcia

Using a large‐scale database of a major business services company, self‐reported usage volume data were compared with actual usage volume. Several business‐related factors…

1613

Abstract

Using a large‐scale database of a major business services company, self‐reported usage volume data were compared with actual usage volume. Several business‐related factors were then examined in relation to the survey response bias. Survey response bias was found to be lower for clients that use the services more extensively, had been in business for a longer period of time, and have smaller number of employees. Survey response bias was also found to be lower when the level of involvement with the service (lower level of management in this study) was greater. Such response bias information would be useful for managers when making sales forecasts or market share estimations using survey responses.

Details

Journal of Business & Industrial Marketing, vol. 18 no. 4/5
Type: Research Article
ISSN: 0885-8624

Keywords

Article
Publication date: 16 January 2009

Thomas B. Christie

The purpose of this paper is to reveal perceptions of news organization bias among people who use the internet.

1395

Abstract

Purpose

The purpose of this paper is to reveal perceptions of news organization bias among people who use the internet.

Design/methodology/approach

Data for this study were drawn from the Pew Research Center June 2005 News Interest Index. Respondents were asked if news organizations were politically biased in their reporting. Another question asked respondents if news organizations had a liberal or conservative bias. The final question asked respondents to judge news organization bias on political and social issues.

Findings

In two of the three perceptions of internet user/non‐user ratings of ideological bias in news organizations, internet news users surveyed rate news organizations as more biased than non‐users. However, when asked to ascertain either liberal or conservative bias in news organizations, non‐internet news users were more likely to claim that news organizations were biased.

Research limitations/implications

More valid measures of the dimension of liberal and conservative bias could help in analyzing the effect of this particular variable on the use of the internet for news. Also, there is the possibility of some confusion in identifying internet news sources.

Practical implications

Advertising revenue of traditional media could decline as news use shifts to internet sources, and customers of the traditional US news networks would continue to migrate to the internet.

Originality/value

As this new media technology has the potential to reach new markets throughout the world, consumers who perceive that traditional news media are ideologically biased may favor the new medium over more traditional sources of news.

Details

Competitiveness Review: An International Business Journal, vol. 19 no. 1
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 30 July 2018

Himani Oberai and Ila Mehrotra Anand

Unconscious biases are often ignored in organizations; thus, it becomes more important to identify them so that we can build strong and competent organizations. In present…

10072

Abstract

Purpose

Unconscious biases are often ignored in organizations; thus, it becomes more important to identify them so that we can build strong and competent organizations. In present dynamic and competitive business situations, you need to be well aware about those concerns of the organizations where these biases exist.

Design/methodology/approach

This paper identifies various types of unconscious biases prevailing at workplace. It also identifies different strategies which can be used to avoid them so that we can gain a competitive edge over others in market.

Findings

Unconscious biases are a fact of life; no one can deny them. Thus, it is important to identify them so that they can be eliminated, and our businesses can avoid their detrimental effects.

Research limitations/implications

Unconscious biases narrow down the pool of people in an organization and ultimately destabilize an organization’s base.

Practical implications

Unconscious biases narrow down the pool of people in the organization and ultimately destabilize an organization’s base.

Originality/value

This paper can help managers and executives to highlight the areas where these biases lie so that they can be removed easily.

Details

Human Resource Management International Digest, vol. 26 no. 6
Type: Research Article
ISSN: 0967-0734

Keywords

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