Base Rate Fallacy
A cognitive bias where people ignore general statistical information in favor of specific information.
A cognitive bias where people ignore general statistical information in favor of specific information.
A cognitive bias where people ignore the relevance of sample size in making judgments, often leading to erroneous conclusions.
The cognitive bias where people treat a set of items as more significant when they are perceived as a cohesive group.
A mental shortcut where current emotions influence decisions, often bypassing logic and reasoning.
A cognitive bias where people judge an experience largely based on how they felt at its peak (most intense point) and its end, rather than the total sum of the experience.
The phenomenon where having too many options leads to anxiety and difficulty making a decision, reducing overall satisfaction.
A cognitive bias where individuals better remember the most recent information they have encountered, influencing decision-making and memory recall.
A phenomenon where vivid mental images can interfere with actual perception, causing individuals to mistake imagined experiences for real ones.
The tendency for individuals to continue a behavior or endeavor as a result of previously invested resources (time, money, or effort) rather than future potential benefits.