5 Common Mental Errors That Sway Your Decision Making - Deepstash
5 Common Mental Errors That Sway Your Decision Making

5 Common Mental Errors That Sway Your Decision Making

Curated from: jamesclear.com

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<b>Survivorship bias</b> refer...

Survivorship bias refers to our tendency to focus on the winners while completely forgetting about the losers who are employing the same strategy.

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Loss aversion refers to our tendency to strongly prefer avoiding losses over acquiring gains.

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<p><b>Availability Heuristic</...

Availability Heuristic appearsย when we assume that the examples coming to mind easily are the most prevalent.

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<p><b>Confirmation biasย ย </b>r...

Confirmation biasย ย refers to our tendency to search for and favor information that confirms our beliefs.

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