Cognitive Biases Flashcards
1
Q
Confirmation Bias
A
Confirms an already held view
2
Q
Hindsight Bias
A
Assume they knew the outcome before it had been determined
3
Q
Self-serving Bias
A
A bias held to an outcome that favours the individual (ego)
4
Q
Anchoring Bias
A
Influenced by a reference point
5
Q
Availability Bias
A
Influenced by a recent example
6
Q
Framing Bias
A
people decide on options based on presentation
glass half full vs empty
7
Q
Inattentive Bias
A
Not paying attention and missing important details