Illusion of Assymetric Insight: we think we... - Deepstash

Illusion of Assymetric Insight: we think we know others better than others know themselves.

Rosy Retrospection: people judge the past as more positive than the present.

Hindsight Bias: we think past events were more predictable than they actually were.

Outcome Bias: evaluating a decision when the outcome is already known.

Impact Bias / Affective Forecasting: we find it difficult to estimate how much emotional impact certain actions or events will have on us.

Optimism Bias: thinking that a negative event is less likely to occur to ourselves.

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prince_rahul

"A good idea should be like a girl's skirt; long enough to cover the subject and short enough to create interest."

A cognitive bias is a systematic error in thinking that occurs when people are processing and interpreting information in the world around them and affects the decisions and judgments that they make. Can be used in Marketing ...

Similar ideas

The Hindsight Bias

A bias that many people including historians, experts and physicians encounter is the hindsight bias, which makes them think they knew how an event would turn out before it happened. It is the tendency for people to perceive past outcomes as having been more predictable ...

The many faces of the memory bias

  • Rosy retrospection bias. We often remember the past as having been better than it really was.
  • Consistency bias. We wrongly remember our past attitudes and behaviour as similar to our present attitudes and behaviour.
  • Mood-congruent ...

Hindsight Bias

Hindsight Bias

Hindsight bias is a false belief that our judgement is better than it actually is when we look back and see the events. Reality appears more predictable after an event happens. This is also known as the ‘Knew-it-all-along effect’.

This bias makes people less accountable fo...

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