Final published version
Licence: None
Research output: Contribution to conference - Without ISBN/ISSN › Poster › peer-review
Research output: Contribution to conference - Without ISBN/ISSN › Poster › peer-review
}
TY - CONF
T1 - Poster: The Role of Confirmation Bias in Potentially Undermining Speculative Cryptocurrency Decisions
AU - Craggs, Barney
AU - Rashid, Awais
PY - 2016/3
Y1 - 2016/3
N2 - Studies have demonstrated that news reporting (as information) is critical to the adoption and pricing of Bitcoin. This early stage work represents the first look into how this information is being used as part of the speculation decision making process and how this might be compatible with a trust model. The outputs of this work will build a trust model for Bitcoin speculators’ use of news reporting as an informationsource. The work will further demonstrate if, and how, this trust model might be usurped by something as simple as a confirmation bias thus confirming a more psychological approach to speculative behaviours than that portrayed in a rational economics approach
AB - Studies have demonstrated that news reporting (as information) is critical to the adoption and pricing of Bitcoin. This early stage work represents the first look into how this information is being used as part of the speculation decision making process and how this might be compatible with a trust model. The outputs of this work will build a trust model for Bitcoin speculators’ use of news reporting as an informationsource. The work will further demonstrate if, and how, this trust model might be usurped by something as simple as a confirmation bias thus confirming a more psychological approach to speculative behaviours than that portrayed in a rational economics approach
KW - Trust
KW - Bitcoin
KW - Bias
KW - Information
M3 - Poster
T2 - IEEE European Symposium on Security and Privacy
Y2 - 21 March 2016 through 24 March 2016
ER -