Continued Influence Effect
The persistence of misinformation in memory and influence on reasoning, even after it has been corrected.
119 topics found for
“decision-making biases”
Licensing Effect
A cognitive bias where people allow themselves to indulge after doing something positive, believing they have earned it.
Decoy Pricing
A strategy where an additional, less attractive option is introduced to make other pricing options look more appealing, often steering customers towards a particular choice.
Mental Accounting
A behavioral economics concept where people categorize and treat money differently depending on its source or intended use.
Empathy Gap
A cognitive bias where people underestimate the influence of emotional states on their own and others' behavior.
Information Aversion
The tendency to avoid information that one perceives as potentially negative or anxiety-inducing.
Bandwagon Effect
A psychological phenomenon where people do something primarily because others are doing it.
InfoVis
Information Visualization (InfoVis) is the study and practice of visual representations of abstract data to reinforce human cognition.
LLM
Large Language Model (LLM) is an advanced artificial intelligence system trained on vast amounts of text data to understand and generate human-like text.