Learn more about problemsolving with this collection
Strategies for promoting inclusivity
How to address unconscious bias
How to create a diverse and inclusive workplace
Anchoring Bias
When we’re evaluating an option, we often fixate on the first piece of information we have about it.
Decide in advance what outcome you have in mind.
1.16K
3.27K reads
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Attribution Bias
The “fundamental attribution error,” is when we excuse our own mistakes but blame other people for theirs.
Give other people the chance to explain themselves before judging their behavior.
1.33K
3.64K reads
The Sunk Cost Fallacy
“Sunk costs” are money, time, or effort we’ve already spent and can’t get back.
Cultivate a habit of admitting your mistakes. Ask yourself: If the past didn’t exist and you’re just starting out now, what would you do?”
1.36K
3.68K reads
Decision-making errors
Most decision-making errors boil down to:
- logical fallacies (over-generalizations, comparing apples and oranges, circular thinking)
- limiting beliefs (underestimations of what's possible)
- judgment biases (valuing certain factors above others)....
1.51K
5.48K reads
Confirmation Bias
If you already have an opinion about something before you've even tried to figure it out, chances are you'll over-value information that confirms that opinion.
Think about what kinds of information you would expect to find to support alternative outcomes.
1.26K
3.72K reads
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Related collections
Other curated ideas on this topic:
Anchoring Bias
The tendency to rely heavily on one piece of information (often the first thing you hear) when making decisions.
This is why it pays off to be the first one to offer a bolstering range instead of a firm number when negotiating your salary. The first offer will establish the possibilities i...
3. Anchoring Bias:
People give disproportionate weight to the first piece of information they encounter when making decisions. If you're negotiating the price of a used car, and the seller asks for a high price initially, you might end up paying more than you should because the high anchor influenced your perceptio...
The Anchoring Effect
The Anchoring effect is a phenomenon studied in the art of persuasion and influence.
It states that people tend to register the first piece of information that they get and 'anchor' it in their minds subconsciously. This makes them compare the second piece of information they get with t...
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