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  2. False consensus effect - Wikipedia

    en.wikipedia.org/wiki/False_consensus_effect

    In a study done by Fox, Yinon, and Mayraz, researchers were attempting to determine whether or not the levels of the false-consensus effect changed in different age groups. In order to come to a conclusion, it was necessary for the researchers to split their participants into four different age groups.

  3. List of cognitive biases - Wikipedia

    en.wikipedia.org/wiki/List_of_cognitive_biases

    Levels-of-processing effect: That different methods of encoding information into memory have different levels of effectiveness. [162] List-length effect: A smaller percentage of items are remembered in a longer list, but as the length of the list increases, the absolute number of items remembered increases as well. [163] Memory inhibition

  4. Error management theory - Wikipedia

    en.wikipedia.org/wiki/Error_management_theory

    With a universal proclivity, it would be possible to document the bias across cultures and "across different demographic groups, including among men varying in age, ethnicity, and education level" within cultures [13] and in females based on their job status, health, levels of education and income equality. [5]

  5. Attribution bias - Wikipedia

    en.wikipedia.org/wiki/Attribution_bias

    Thus, participants made different attributions about people depending on the information they had access to. Storms used these results to bolster his theory of cognitively-driven attribution biases; because people have no access to the world except through their own eyes, they are inevitably constrained and consequently prone to biases.

  6. Group attribution error - Wikipedia

    en.wikipedia.org/wiki/Group_attribution_error

    In their study the researchers did multiple experiments presenting participants with group decisions made on the national, state, and local levels. Participants were presented with situations in which a matter of public policy was determined by a single leader with no popular vote, a popular vote of over 90% of the population, and a popular ...

  7. Cognitive bias - Wikipedia

    en.wikipedia.org/wiki/Cognitive_bias

    Because they cause systematic errors, cognitive biases cannot be compensated for using a wisdom of the crowd technique of averaging answers from several people. [45] Debiasing is the reduction of biases in judgment and decision-making through incentives, nudges, and training.

  8. How I started investing with just $100 — and why you shouldn ...

    www.aol.com/finance/how-to-start-investing...

    Asset class. Minimum investment. Average fees. Best for. Individual stocks • $1 for fractional shares • $5 to $1,000+ for full shares • $0 trading commission at most brokerages

  9. Human error - Wikipedia

    en.wikipedia.org/wiki/Human_error

    A statue in Hartlepool, England, commemorating the "Hartlepool monkey", a primate who was mistaken by locals to be a French soldier and killed.. Some researchers have argued that the dichotomy of human actions as "correct" or "incorrect" is a harmful oversimplification of a complex phenomenon.