Belief Bias
The tendency to judge the strength of arguments based on the believability of their conclusions rather than the logical strength of the arguments.
119 topics found for
“decision-making biases”
McNamara Fallacy
The error of making decisions based solely on quantitative observations and ignoring all other factors.
Survivorship Bias
A cognitive bias that occurs when conclusions are drawn from a non-representative sample, focusing only on successful cases and ignoring failures.
Behavioral Economics
The study of psychology as it relates to the economic decision-making processes of individuals and institutions.
Confirmation Bias
The tendency to search for, interpret, and remember information in a way that confirms one's preexisting beliefs or hypotheses.
Ambiguity Effect
A cognitive bias where decision-making is affected by the lack of information or uncertainty.
Base Rate Fallacy
A cognitive bias where people ignore general statistical information in favor of specific information.
Omission Bias
A cognitive bias where people judge harmful actions as worse, or less moral, than equally harmful omissions (inactions).
Proportionality Bias
The tendency to believe that large or significant events must have large or significant causes.