The Factors Behind The Hindsight Bias
- Selective Activation And Reconstructive Anchoring (SARA): Only remembering the information partially and using the same as a memory anchor to reactivate the (altered) memory when new information arrives.
- Reconstruction After Feedback (RAFT): Taking ‘the best’ approach involves using one’s influence and exposure about a particular knowledge and taking the best answer based on our reconstruction of information, and creating a biased version of the same.
- Causal Model Theory (CMT): Using a ‘cause reasoning’ for explaining the reality of an event that is different from one’s expectations, mainly by retrieving selective memories.
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