Tuesday, July 2, 2019

Most Damaging Biases


source

The six most damaging biases:


  • confirmation bias - the tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses
  • the anchoring effectan individual relies too heavily on an initial piece of information offered (considered to be the "anchor") when making decisions
  • the representativeness heuristic - assessing similarity of objects and organizing them based around the category prototype (e.g., like goes with like, and causes and effects should resemble each other)
  • projection bias - the assumption that everybody else’s thinking is the same as one’s own

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