Cognitive Bias - Deck #1 Flashcards
Attentional bias
Attentional bias is the tendency for people’s perception to be affected by their recurring thoughts at the time.[1] Attentional biases may explain an individual’s failure to consider alternative possibilities, as specific thoughts guide the train of thought in a certain manner.[2] For example, cigarette smokers tend to possess a bias for cigarettes and other smoking-related cues around them, due to the positive thoughts they’ve already attributed between smoking and the cues they were exposed to while smoking
Sunk cost fallacy
the idea that a company or organization is more likely to continue with a project if they have already invested a lot of money, time, or effort in it, even when continuing is not the best thing to do:
Illusory correlation
An illusory correlation occurs when an individual imagines that a correlational relationship exists between data sets (usually with people, events, or behavior) when it really doesn’t.
An example of this could be looking at the relationship between washing your car and rainstorms. We all know intellectually that washing your car has no real effect on the frequency of rainstorms but it frequently seems that it rains shortly after washing your car.
Appeal to novelty
The appeal to novelty (also called argumentum ad novitatem) is a fallacy in which one prematurely claims that an idea or proposal is correct or superior, exclusively because it is new and modern. In a controversy between status quo and new inventions, an appeal to novelty argument is not in itself a valid argument. The fallacy may take two forms: overestimating the new and modern, prematurely and without investigation assuming it to be best-case, or underestimating status quo, prematurely and without investigation assuming it to be worst-case.
Examples:
- “If you want to lose weight, your best bet is to follow the latest diet.”
- “The department will become more profitable because it has been reorganized.”
- “Upgrading all your software to the most recent versions will make your system more reliable.”
Anchoring
The tendency to rely too heavily, or “anchor”, on one trait or piece of information when making decisions (usually the first piece of information that we acquire on that subject).
Example:
If your visitor first encountered a competitor’s product priced at $49 per month (that’s their anchor), they’ll be less likely to accept your $69 per month price.
Availability Cascade
A self-reinforcing process in which a collective belief gains more and more plausibility through its increasing repetition in public discourse (or “repeat something long enough and it will become true”).
Example:
This goes hand-in-hand with attentional bias. The more people talk about your site in a positive way, the more likely they are to purchase from you. Conversely, the more people talk about your site in a negative way, the less likely they are to purchase from you.
Backfire effect
When people react to disconfirming evidence by strengthening their beliefs.
Example:
Your visitors believe what they believe and all of the factual evidence in the world won’t change their mind. Instead, you’ll need to rely on emotional persuasion. Appealing to rationality won’t change deeply held beliefs (i.e. Apple is better than PC, Slack is better than HipChat, Pages is better than Word, etc.)
Bandwagon effect
The tendency to do (or believe) things because many other people do (or believe) the same. Related to groupthink and herd behavior.
Example:
If your visitor thinks everyone else is using your product or service, they’re more likely to use your product or service. That’s why creating scarcity and social proof are so effective.
Belief bias
An effect where someone’s evaluation of the logical strength of an argument is biased by the believability of the conclusion.
Example:
When you make extraordinary claims, regardless of whether or not they are true, your visitors are less likely to purchase from you. If it sounds “too good to be true”, your visitors will believe that, well, it is too good to be true.
Clustering illusion
The tendency to overestimate the importance of small runs, streaks, or clusters in large samples of random data (that is, seeing phantom patterns).
Example:
You’re likely to spot trends where there are none, which will result in future tests and hypotheses based on false information. To avoid this, be sure you’ve calculated the correct sample size prior to beginning your test. Do not stop the test until you’ve reached that full sample size.
Confirmation bias
The tendency to search for, interpret, focus on and remember information in a way that confirms one’s preconceptions.
Example:
In a way, this is similar to clustering illusion. Once you have an idea in your head, you subconsciously begin to seek out information that confirms that idea or belief. As an experimenter, this could mean a lot of wasted time on insignificant tests.
Contrast Effect
The enhancement or reduction of a certain perception’s stimuli when compared with a recently observed, contrasting object.
Example:
While you must meet “basic expectations”, you must also create contrast. Surprising stimuli cause the brain to slow down, focus on the stimuli and commit it to memory.
Curse of knowledge
When better-informed people find it extremely difficult to think about problems from the perspective of lesser-informed people.
Example:
You are not your visitors. You have become so familiar with your site that you can no longer use or view it the way a new visitor would. When redesigning to increase conversions, do not make the decisions yourself. Ask someone else, someone less informed, to think about the UX and design.
Empathy Gap
The tendency to underestimate the influence or strength of feelings, in either oneself or others.
Example:
You’re underestimating the role emotions play in decision-making (with yourself and others). We believe that we’re rational people making rational decisions.
Framing Effect
Drawing different conclusions from the same information, depending on how that information is presented.
If you’re conducting qualitative research, the questions that you ask are subject to this effect. The way you ask a question can lead to very different results. Before publishing a survey or asking even a single question, ensure the language is clear and you are not leading the respondents to a certain answer.