I get the point. Personally having gotten 8 heads in a row, I would tend to bet the next would be tails. I digress. A knowledge of math teaches us that each coin flip is an indepedent event and the previous result has no effect on the current one. That would knock out any expectation bias. It proves my point that we can learn.
Of course relying on price alone will lead us astray. In designing a product we know that there are techniques and materials that can improve the product and that many are more expensive.
Yeah glad you see the point that even going with tails it is still an anchoring bias and the subtle difference between this and actual expectation bias and potentially with its medical placebo effect (something else used too generically IMO outside of my earlier explanation).
Indeed you are correct that it IS possible to overcome cognitive biases and there are some research showing some aspects of methodology to do so (posted on this subject in various other bias threads including papers).
The key is disciplined and open mind while using a form of self assessment-perception, so this enables defining and importantly using-following the framework while understanding bias mechanisms and behaviour.
More detail though can be found in other threads where I mention this.
What I am really unsure about though is overcoming chemical related biases triggered in the body and brain; when considering perception combined with enjoyment-preference this specific aspect is very interesting in how it affects our listening and listening behaviour, and of course related biases.
In theory reducing the stimulation-chemical response would help to mitigate such perception enhancements, and this could be done with understanding/mitigating the trigger-conditioning for a listener.
However that is just theory, challenge is for a person to be able to follow strict framework in same way of reducing cognitive biases (and even that is a real challenge for most).
Having an analytical mind unfortunately is not enough as biases can still be seen in operation even with those that have a scientific/mathematic/engineering background, very challenging.
That said, in audio some of the journalists I have the most respect for though are those with scientific research backgrounds combined with masters-phd usually either Chemistry or Physics, with some outside these traditional sciences such as Kal.
It is interesting studying the approach and writing from contributors such as John Atkinson, Paul Miller, Keith Howard.
All three share similar traits IMO when it comes to writing-discussions-forums, and all three have a very similar background, Kal also is very similar to these IMO (also with a comparable high scientific background).
It stems from what seems to me classical science education at masters-phd level combined with further research work, without this it seems some who are research scientists lack the same level of bias resistance.
However this is still oversimplifying why some seem better at overcoming biases as those I mention seem to be more of the exception.
Just my take on this anyway but sorry to digress a bit, and I appreciate there are more than those I named who have similar backgrounds or approaches.
Frantz, glad you enjoyed the post -at least someone reading them
Cheers
Orb