Science · 1 views

People care more about being right than avoiding mistakes, study finds

Conventional wisdom says the best predictions are the ones that minimize mistakes, but new research suggests that is not necessarily how people see it.

Source Phys.org AI Summary Updated 1h 27m ago

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Conventional wisdom says the best predictions are the ones that minimize mistakes, but new research suggests that is not necessarily how people see it. A study published in Management Science has found that when people make or evaluate predictions, they care more about the possibility of being exactly right than about reducing the size of potential errors.…

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