Attentional Bias: What Is It? Attentional bias is the tendency to concentrate on certain aspects of one’s environment or situation while ignoring others. Due to the fact that it requires […]
Category Archives: Behavioral Phenomenon
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Jun
Jun
Anchoring bias is the tendency to make logical decisions from a particular reference point. The first piece of information is given a strong significance level mainly when there is no […]
19
Mar
Mar
Human beings can either have a propensity to do nothing or to do something. People who tend to prefer inaction are said to have a default bias or status quo […]
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Feb
Feb
The ambiguity effect is a cognitive bias (a shortcoming in logical reasoning induced by the human brain’s urge to conserve energy by cutting corners). It reflects our tendency to avoid […]
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Jan
Jan
Explained: This is Affect Heuristic When it comes to making decisions, we often rely on our gut feelings. This is because relying on our intuition allows us to make quick […]
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Jan
Jan
Framing Effect – Definition The framing effect is a form of cognitive bias that affects decision-making. You can ask a question or present facts and data differently with the framing […]
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Nov
Nov
Hindsight bias is a cognitive bias that causes individuals to believe that past events were predictable even though they were not. This type of thinking can cause an individual to […]