Self-Confirming Biased Beliefs in Organizational “Learning by Doing”

<div>The impact of the system size on self-confirming biased beliefs under social learning. (a) Probability of choosing the optimal alternative at the steady-state and (b) the number of alternatives sampled by the system.</div>

Complexity

fig3

Figure 3

Figure 3: Self-Confirming Biased Beliefs in Organizational “Learning by Doing” 