For example, in the 2007 NBA Draft, there were two top prospects that had freakish talent and tremendous upside, Greg Oden of Ohio State and Kevin Durant of Texas. Overconfidence is particularly pervasive in business environments. Confirmation bias is the practice of giving preference to information that confirms your opinion, desires or worldview.This can involve actively avoiding information that may disprove your beliefs. The next example of confirmation bias comes from the roofing industry. As Henry David Thoreau put it, 'We hear and apprehend only what we already half know.' They only seek out sites that support their arguments. Examples and Observations "The confirmation bias is a consequence of the way perception works. People don’t know how to judge a good roofing company from a lousy one, and as a result, many people tend to be skeptical of all roofers. This leads to many on the left only watching CNN, whilst those of the right stick to Fox. They won’t heed to what others say or prove. Confirmation bias can present a problem in the workplace if managers or supervisors feel a certain way about a particular employee or a larger group of people. Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or strengthens ones prior personal beliefs or hypotheses. Have you ever conducted a survey, lead a focus group or was responsible for analyzing a project report at work? Confirmation Bias Example. Confirmation Bias Examples. One of the cards shows an E, one shows a 4 on one face, one has a K on one face, and one has a 7. Confirmation bias is often found in the sports world as well. Both were considered “can’t miss” prospects and there was much debate about who should be selected first. Confirmation Bias Example. The following are illustrative examples. Those affected by the bias may not hear and process what others are saying. Confirmation bias fallacy is a cognitive bias which makes human beings concentrate on information that supports their beliefs, and neglect or undermine that information which goes against their beliefs. One of the biggest challenges facing good roofing companies is the bad reputation of the industry as a whole. The results of that task would set the stage for a successful product or project. For example, bias either for or against a prospective employee could impact the interview questions that … Let’s look at an example of confirmation bias: I have four cards for you (each has a number on one side and a letter on the other side). Business Decisions. It is a type of cognitive bias. Feeling like you know exactly why each of them happened (without having factual evidence) is an example of how confirmation bias can influence our judgment subconsciously. Confirmation bias occurs when people ignore new information that contradicts existing beliefs. Thus we see what we expect to see and conclude what we expect to conclude. Examples of Confirmation Bias. Many business leaders believe they are naturally gifted decision makers by virtue of the fact that they have risen so far in their careers. The bias is irritating to deal with. For example, voters will ignore information from news broadcasters than contradicts their existing views. One of the best examples are anti-vaxxers and flat earthers. Confirmation bias, where we tend to seek information that confirms what we already believe, additionally distorts decision making. Confirmation bias in the workplace: In hiring, confirmation bias often plays a detrimental role at the very beginning of the process when you first review a resume and form an initial opinion of the candidate based on inconsequential attributes like their name, where they’re from, where they went to school and so forth. Beliefs shape expectations, which in turn shape perceptions, which then shape conclusions. 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