Word: biases
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...view their role in the social hierarchy more benignly than blacks and Hispanics do). Whites are more likely to say prejudice and discrimination put blacks at a disadvantage than to say those factors contribute to white advantage. And they are much less likely than nonwhites to attribute inequality to bias in the legal system...
...mine operators without such relationships are scouring the Internet to find tires overseas, in some cases buying second-rate alternatives from Belarus, Ukraine or China. Most of those are bias-ply tires rather than radials. The difference? Radials generally last 5,000 to 7,000 hr., depending on conditions; bias tires may last just a third as long and are more likely to blow under stress...
...story of the photos was first broken on the blog Little Green Footballs and has become a cause celebre, especially among conservative and pro-Israel bloggers, who see evidence of anti-Israel bias in the media. They have a point - well, half a point, anyway. The principle of not faking anything in the news is absolute. But the effects of particular fakeries are relative. It was much more pernicious - if we're to be totally honest here - when a TIME cover of O.J. Simpson after his arrest was doctored to make his skin look darker. The manipulation made an accused...
...number of flares fired from a plane - it convinces people that the media must lie about big things as well. All facts become suspect, all information becomes relative, and you might as well believe whatever your gut tells you, because the news is invariably driven by its own bias, which is, invariably, against you. We become a nation of Stephen Colberts, believing that facts are sketchy and overrated and should never be allowed to get in the way of what we want to believe...
Conversely, when investors see prices rising, they get overconfident--the hot-hand bias that leads folks to think a basketball player will sink his fourth shot after making the prior three, even though probability says the odds are the same for every shot. That explains sellers' reluctance to cut prices, Peterson says. Academic studies also suggest that frustrated sellers take their homes off the market rather than accept lowball offers. It happened in Boston in 1991, when condo prices tanked and two-thirds of the inventory was withdrawn for sale, says Chris Mayer, a Columbia Business School professor. Sellers then...