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Crowd control: Reducing individual estimation bias by sharing biased social information

Bertrand Jayles, Clément Sire and Ralf H J M Kurvers

PLOS Computational Biology, 2021, vol. 17, issue 11, 1-28

Abstract: Cognitive biases are widespread in humans and animals alike, and can sometimes be reinforced by social interactions. One prime bias in judgment and decision-making is the human tendency to underestimate large quantities. Previous research on social influence in estimation tasks has generally focused on the impact of single estimates on individual and collective accuracy, showing that randomly sharing estimates does not reduce the underestimation bias. Here, we test a method of social information sharing that exploits the known relationship between the true value and the level of underestimation, and study if it can counteract the underestimation bias. We performed estimation experiments in which participants had to estimate a series of quantities twice, before and after receiving estimates from one or several group members. Our purpose was threefold: to study (i) whether restructuring the sharing of social information can reduce the underestimation bias, (ii) how the number of estimates received affects the sensitivity to social influence and estimation accuracy, and (iii) the mechanisms underlying the integration of multiple estimates. Our restructuring of social interactions successfully countered the underestimation bias. Moreover, we find that sharing more than one estimate also reduces the underestimation bias. Underlying our results are a human tendency to herd, to trust larger estimates than one’s own more than smaller estimates, and to follow disparate social information less. Using a computational modeling approach, we demonstrate that these effects are indeed key to explain the experimental results. Overall, our results show that existing knowledge on biases can be used to dampen their negative effects and boost judgment accuracy, paving the way for combating other cognitive biases threatening collective systems.Author summary: Humans and animals are subject to a variety of cognitive biases that hamper the quality of their judgments. We study the possibility to attenuate such biases, by strategically selecting the pieces of social information to share in human groups. We focus on the underestimation bias, a tendency to underestimate large quantities. In estimation experiments, participants were asked to estimate quantities before and after receiving estimates from other group members. We varied the number of shared estimates, and their selection method. Our results show that it is indeed possible to counter the underestimation bias, by exposing participants to estimates that tend to overestimate the group median. Subjects followed the social information more when (i) it was further away from their own estimate, (ii) the pieces of social information showed a high agreement, and (iii) it was on average higher than their own estimate. We introduce a model highlighting the core role of these effects in explaining the observed patterns of social influence and estimation accuracy. The model reproduces all the main experimental patterns well. The success of our method paves the way for testing similar interventions in different social systems to impede other cognitive biases.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pcbi00:1009590

DOI: 10.1371/journal.pcbi.1009590

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