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Research from the Business School (formerly Cass) suggests that observing others decision-making can teach people to make better decisions themselves.
The research, co-authored by Professor Irene Scopelliti, Professor of Marketing and Behavioural Science, tested the effectiveness of a new debiasing training strategy and reports first evidence that watching others make decisions can improve our own decision making.
The authors carried out three experiments, which involved participants making a set of judgements before and after a training intervention designed to improve their decision-making.
Experiment One: comparing observational learning to other common debiasing strategies
The first experiment compared observational learning to three other interventions known to reduce cognitive bias. Researchers tested participants susceptibility to common decision-making biases across three scales, with participants receiving one of four debiasing intervention ....

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