This study examined the theory of depressive realism, which posits that dep
ressed people often are more accurate in perceptions and judgments than non
depressed people. Two possible qualifications to this theory were examined:
(1) severity of depression moderates the effect, and (2) length of process
ing time will impact the presence of bias in depressed people, that is, neg
ative bias will develop over time. College students were presented with a b
ogus personality profile that actually consisted of items previously rated
as neutral in desirability. Participants rated these profiles for desirabil
ity initially and then again three days later. Results indicated a signific
ant effect of depression severity on desirability rating. Nondepressed and
mildly depressed students found their profiles to be more positive than the
moderately/severely depressed students, with both groups having scores in
the positive range. However, those participants who were moderately/severel
y depressed showed a negative bias in their ratings. No support was found f
or the effect of different times of interpretation. (C) 2000 John Wiley & S
ons, Inc.