Cognitive bias

A cognitive bias happens when someone makes a bad choice that they think is a good choice. This bias is an important part of the study of cognitive psychology.[1]

Overview

Cognitive biases do happen. Primitive humans and animals do things which seem foolish later. The scientific method limits the results of cognitive bias. Cognitive bias is a natural consequence of our using "gut feelings"[clarification needed] to make decisions when those decisions cannot be made rational because the evidence is not available.[2]

List of cognitive biases

Some of the cognitive biases, are

Other cognitive biases are, Anchoring biases. They include,

Other cognitive biases are Apophenia. It has several types,

Availability heuristic (also known as the availability bias)[12] is another cognitive biase. It includes or has to do with the following:

Name Information
Framing
Belief bias
Affinity bias [19]
Implicit bias
Priming bias
Hindsight bias
Anchoring bias An example of the anchoring effect, is that a person can be more likely to buy a car if it is placed next to a more expensive model – the anchor.

During negotiations, prices that are lower than the price of the anchor, may seem reasonable, or can even seem cheap to the buyer, even if those prices are (still) relatively higher than the actual market value of the car.[20][better source needed] [21]
Status quo bias [22] [23]
Self-serving bias
Confirmation bias [24] [25]
Embodied cognition
Overconfidence effect [26] Related page: Dunning–Kruger effect.
Fundamental attribution error [27]
Physical attractiveness stereotype A habit or tendency to assume that people who are

physically attractive, are desirable for other reasons, too.[28]

Other information

The notion of cognitive biases was introduced by Amos Tversky and Daniel Kahneman in 1972.[29]

Causes

It grew out of their experience of people's inability to reason with numbers.[clarification needed] Tversky, Kahneman, and colleagues showed several repeatable ways in which human judgments and decisions differ from rational choice. The heuristic people[clarification needed] use are mental shortcuts which provide swift estimates.[30] Heuristics are simple for the brain to compute but sometimes introduce "severe and systematic errors".

Cognitive Bias Media

Related pages

References

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