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Protection From Hindsight Bias
For protection from the hindsight bias, we can discipline ourselves to make explicit decisions based on actual, known facts, in a recorded process.
Having an explicit, written documentation can ensure that we and the external observers were objective in the decision, and it was not based (even unconsciously) on bias and prejudice.
138
607 reads
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Interpretation Vs Reality
Prior knowledge of an event’s outcome anchors the mind towards a certain kind of interpretation of how the event will unfold.
This makes the individual confirm the outcome to fit their existing expectations. If the outcome is entirely different from the expected result, t...
128
700 reads
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...
159
1.14K reads
Availability Bias
As often heard, the simplest explanations tend to be the most likely, and the more difficult it is for us to imagine an outcome, the less likely it is. Any new information then tends to be processed by the prior judgements and speculations, making our justifications solidify in our minds.
...
133
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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 ...
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