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What Is Ingroup Bias In Behavioral Economics?

Ingroup bias is the tendency for people to have a favorable attitude towards members of their own group, and to have a more negative attitude towards people in other groups. This bias can arise from a variety of factors, including social identity, group membership, and personal experiences. For example, if someone is a member of a particular political party, they may have a positive view of other members of that party and a negative view of members of the opposing party.

Ingroup bias can lead to a wide range of negative consequences, including discrimination, prejudice, and conflicts between groups. It can also make it difficult for people to see things from other perspectives and to understand the experiences of people in other groups. To avoid ingroup bias, it is important to recognize and challenge our own biases, and to try to understand and empathize with people who are different from us.

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