How Confirmation Bias Reduces Business Profits
6 min readAug 18, 2022
Have you heard about “Dieselgate?” The German car giant Volkswagen acknowledged in September 2015 that it used cheating software to give false readings when i’s VW and Audi cars underwent emission tests.
The revelation shook up the car industry. It led to the resignation of CEO Martin Winterkorn, along with several other top leaders.