This bias is basically in the individual belief vision where the individual overweight the embedded or memorized old information which considered as "base rate" and underweight the new information that based on evidence when compared to Bayesian belief-revision. The change in the individual opinions occurs orderly but very slow and insufficient in its amount according to Bayes' theorem. In other meaning, when Bayes' theorem is used, the individual may update his/her prior beliefs when the evidence available, but this update is very slow. However, the evidence here may be as the "noise" for the judgment. The disadvantage of conservatism is that it affects the judgment accuracy, underestimate the high probabilities, and overestimate the low probabilities due to overusing the initial anchor (Brenner, Griffin, & Koehler, 2005). However, in my opinion, the advantage of it that it can lower the brain load, despite it may lead to
This bias is basically in the individual belief vision where the individual overweight the embedded or memorized old information which considered as "base rate" and underweight the new information that based on evidence when compared to Bayesian belief-revision. The change in the individual opinions occurs orderly but very slow and insufficient in its amount according to Bayes' theorem. In other meaning, when Bayes' theorem is used, the individual may update his/her prior beliefs when the evidence available, but this update is very slow. However, the evidence here may be as the "noise" for the judgment. The disadvantage of conservatism is that it affects the judgment accuracy, underestimate the high probabilities, and overestimate the low probabilities due to overusing the initial anchor (Brenner, Griffin, & Koehler, 2005). However, in my opinion, the advantage of it that it can lower the brain load, despite it may lead to