November 21, 2006

Cognitive bias

Fascinating list of Cognitive biases from Wikipedia: Decision-making and behavioral biases
Many of these biases are studied for how they affect belief formation and business decisions and scientific research

Bandwagon effect - the tendency to do (or believe) things because many other people do (or believe) the same. Related to groupthink, herd behaviour, manias and socionomics. Carl Jung pioneered the idea of the collective unconscious which is considered by Jungian psychologists to be responsible for this cognitive bias.
Bias blind spot - the tendency not to compensate for one's own cognitive biases.
Choice-supportive bias - the tendency to remember one's choices as better than they actually were. Confirmation bias - the tendency to search for or interpret information in a way that confirms one's preconceptions. And many more. Posted by DaveH at November 21, 2006 10:01 AM
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