Common Cognitive Biases
Confirmation bias -
To look for or to interpret evidence to support
prior hypothesis rather than 100k for
disconfirming evidence.
Availability bias -
Judgments Of likelihood or percentages based on
ease Of recall (greater 'availability' in memory)
rather than on actual probabilities.
Anchoring effect -
To rely heavily on one piece of information when
making decisions (usually the first piece of
information acquired: the 'anchor').
Framing effect -
To draw different conclusions from the same
information, depending on how that
information is presented.
Loss aversion -
To view losses as looming larger than
corresponding gains.
Attribute substitution -
Answering a complex, difficult question by
substituting it by a related but simpler one.
Sunk-cost effect -
To allow previously spent time, money, or effort
to influence present or future decisions.
Dunning-Krüger effect -
Tendency for unskilled individuals to
overestimate their own ability ('illusory
superiority') and the tendency for experts to
underestimate their own ability.
Bandwagon effect -
To do (or believe) things because many other
people do (or believe) the same.
Commission bias -
To favour action rather than inaction.
Blind obedience -
To show undue deference to authority or
technology.
#Diagnosis #Metacognition #Cognitive #Biases #Types #Causes #Differential #Meded