As actors, we would blame the situation for our reckless driving, while as observers, we would blame the driver, ignoring any situational factors.įor this reason, the actor-observer bias can be thought of as an extension of the fundamental attribution error. On the other hand, the actor-observer bias (or asymmetry) means that, if a few minutes later we exhibited the same behavior and drove dangerously, we would be more inclined to blame external circumstances like the rain, the traffic, or a pressing appointment we had. The reality might be that they were stuck in traffic and now are afraid they are late picking up their kid from daycare, but we fail to consider this. For example, when we see someone driving recklessly on a rainy day, we are more likely to think that they are just an irresponsible driver who always drives like that. More specifically, they are cognitive biases that occur when we are trying to explain behavior.Īlthough they are very similar, there is a key difference between them.Īccording to the fundamental attribution error, people tend to attribute another’s actions to their character or personality, and fail to recognize any external factors that contributed to this. The actor-observer bias and the fundamental attribution error are both types of cognitive bias. 2, March 2008, ( of PDF).What is the difference between actor-observer bias vs. “ Exploring Causes of the Self‐serving Bias.” Social and Personality Psychology Compass, Vol. James Shepperd, Wendi Malone, and Kate Sweeny, via University of Florida. “ Self-Serving Bias.” International Encyclopedia of the Social Sciences, Second Edition, Vol. Forsyth, via University of Richmond Scholarship Repository. It is a tendency to look for external reasons for our own behavior (e.g., 'I failed the test because the material wasnt taught properly') and look for internal reasons for other peoples behavior (e.g. The above examples also help explain a related phenomenon called the actor-observer bias. “ The Impact of Self-Serving Bias on Selection of Stocks by Retail Investors in Equity Market: A Study of the Urban Middle Class of India.” European Journal of Business and Management Research, Vol. The actor-observer bias is a cognitive bias that affects how we perceive and interpret the behavior of ourselves and others. The self-serving bias involves crediting our internal characteristics for success, but blaming outside factors for our failures. Journal of Applied Social Psychology, 15(6), 547563. Self-serving bias and actorobserver differences in organizations: An empirical analysis. Shivam Shukla, Asha Ram Tripathi, Sudhir Kumar Shukla, and Akshita Shukla, via European Journal of Business and Management Research. Self-serving attributional bias is the tendency for a subordinate to attribute a personal (internal) cause for successful performance but to assign cause for failures to external factors. “ The Effect of Self-serving Bias on Trading Decisions and Its Solution Mechanisms: An Experimental Study.” Global Business and Management Research: An International Journal, Vol. Phaik Nie Chin, Kean Siang Ch’ng, and Salmi Mohd Isa, via ResearchGate. “ An Attributional Theory of Achievement Motivation and Emotion.” Psychological Review, Vol. 2, March 2008, Pages 895 and 905 (Pages 1 and 11 of PDF).īernard Weiner, via ResearchGate. Luck is often dismissed or misattributed for one’s own doing-respect the role of randomness in investment outcomes.
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