[Link] You May Already Be Aware of Your Cognitive Biases

From the article:

Using an adaptation of the standard ‘bat-and-ball’ problem, the researchers explored this phenomenon. The typical ‘bat-and-ball’ problem is as follows: a bat and ball together cost $1.10. The bat costs $1 more than the ball. How much does the ball cost? The intuitive answer that immediately springs to mind is 10 cents. However, the correct response is 5 cents.

The authors developed a control version of this problem, without the relative statement that triggers the substitution of a hard question for an easier one: A magazine and a banana together cost $2.90. The magazine costs $2. How much does the banana cost?

A total of 248 French university students were asked to solve each version of the problem. Once they had written down their answers, they were asked to indicate how confident they were that their answer was correct.

Only 21 percent of the participants managed to solve the standard problem (bat/​ball) correctly. In contrast, the control version (magazine/​banana) was solved correctly by 98 percent of the participants. In addition, those who gave the wrong answer to the standard problem were much less confident of their answer to the standard problem than they were of their answer to the control version. In other words, they were not completely oblivious to the questionable nature of their wrong answer.

Article in Science Daily: http://​​www.sciencedaily.com/​​releases/​​2013/​​02/​​130219102202.htm

Original abstract (the rest is paywalled): http://​​link.springer.com/​​article/​​10.3758/​​s13423-013-0384-5