On extreme perception bias

College

College of Computer Studies

Department/Unit

Software Technology

Document Type

Article

Source Title

DLSU Business & Economics Review

Volume

29

Issue

2

First Page

81

Last Page

92

Publication Date

2020

Abstract

This preliminary note investigates perception bias: To what extent do individual opinions confound reality? We estimate the relative gap between self-declared estimates and real data. We asked a sample of Philippine respondents about the incidence of diabetes and smartphone usage in their country. We observed a trend of judgement miscalibration. Responses exhibit significant deviation from facts, e.g. inaccuracies can go as high as seven times the real value. Especially for estimates on smartphone ownership, bootstrapped quantile regression models show that perception bias is associated with age.

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Disciplines

Computer Sciences

Keywords

Public opinion; Judgment (Logic); Quantile regression

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