People tend to ignore sample size of data. They forget that variation is more likely in smaller sample sizes. Also known as Law of Small Numbers.
Published on Oct 19, 2023
We tend to see events as stories - with logical chains of cause and effect. We underestimate the role of randomness in the final outcome. We are meaning making machines - so we tend to assign meaning to things when actually it might be just random.
Published on Oct 16, 2023
We want to finish a unit of anything we are consuming - we don't want to stop in the middle.
Published on Jan 24, 2023
Tendency to transfer the good impression of a person/ company/ brand/ etc in one context to things they recommend in another context.
Published on Jan 24, 2023
Cognitive Bias is a known error in the thinking process. These are generally caused by brain using shortcuts to process large amount of inputs.
Published on Oct 15, 2022
Motivated Belief is when a person believes something because they want it to be true, not necessarily because that belief is supported by facts or other evidence.
Published on Oct 06, 2021
We tend to favor decisions that continue the status quo. This is because of the comfort of the familiar.
Published on Sep 14, 2021
We substitute the actual question with an easier to answer question. Eg. "Will this man be a good secretary" becomes "Does this man fit my mental idea of a good secretary?"
Published on Aug 18, 2021
You overestimate the probability of something that you hear more often/remember easily. Eg. We think accidents kill more people than strokes.
Published on Aug 18, 2021
Know the list of areas that you will generally be biased in(eg. I have a tendency to have a positive bias) - so that you can be more mindful in those areas - or even figure out ways to limit your choices in those areas.
Published on Aug 06, 2021
People tend to think that events could have been easily predictable AFTER the outcome is clear. The certainty that people attribute to their predictions are much higher that it actually is.
Published on Aug 06, 2021
The unwanted habits or behaviors are triggered by a negative emotion that you want to get away from. The unwanted behavior is how you distract yourself from the negative emotion. People strive to avoid psychological discomfort.
Published on Jul 19, 2021
We attribute the reason of our own(or of our friends) failures to the environment, but the failures of others(or our enemies) to their character.
Published on Jul 15, 2021
Dunning–Kruger effect is a cognitive bias in which people with low competence in a field overestimate their competence.
Published on Jan 05, 2021
Apophenia is the tendency to perceive a connection or meaningful pattern between unrelated or random things (such as objects or ideas)
Published on Dec 15, 2020
Motivated Reasoning is a Cognitive bias - we tend to accept/believe more easily and with less scrutiny things we think are correct. If we encounter an idea that we think is wrong, we subject it to more scrutiny - it has a higher bar to clear for us to accept it.
Published on Jul 21, 2020