Cognitive Biases Flashcards

1
Q

Confirmation Bias

A

Confirms an already held view

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2
Q

Hindsight Bias

A

Assume they knew the outcome before it had been determined

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3
Q

Self-serving Bias

A

A bias held to an outcome that favours the individual (ego)

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4
Q

Anchoring Bias

A

Influenced by a reference point

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5
Q

Availability Bias

A

Influenced by a recent example

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6
Q

Framing Bias

A

people decide on options based on presentation
glass half full vs empty

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7
Q

Inattentive Bias

A

Not paying attention and missing important details

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