English

Fast decisions reflect biases, slow decisions do not

Physics and Society 2024-01-03 v2 Neurons and Cognition

Abstract

Decisions are often made by heterogeneous groups of individuals, each with distinct initial biases and access to information of different quality. We show that in large groups of independent agents who accumulate evidence the first to decide are those with the strongest initial biases. Their decisions align with their initial bias, regardless of the underlying truth. In contrast, agents who decide last make decisions as if they were initially unbiased, and hence make better choices. We obtain asymptotic expressions in the large population limit that quantify how agents' initial inclinations shape early decisions. Our analysis shows how bias, information quality, and decision order interact in non-trivial ways to determine the reliability of decisions in a group.

Keywords

Cite

@article{arxiv.2401.00306,
  title  = {Fast decisions reflect biases, slow decisions do not},
  author = {Samantha Linn and Sean D. Lawley and Bhargav R. Karamched and Zachary P. Kilpatrick and Krešimir Josić},
  journal= {arXiv preprint arXiv:2401.00306},
  year   = {2024}
}

Comments

12 pages, 4 figures

R2 v1 2026-06-28T14:05:17.391Z