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In another example of near-total neglect of probability, Rottenstreich and Hsee (2001) found that the typical subject was willing to pay $10 to avoid a 99% chance of a painful electric shock, and $7 to avoid a 1% chance of the same shock. They suggest that probability is more likely to be neglected when the outcomes are emotion-arousing.
The negativity bias, [1] also known as the negativity effect, is a cognitive bias that, even when positive or neutral things of equal intensity occur, things of a more negative nature (e.g. unpleasant thoughts, emotions, or social interactions; harmful/traumatic events) have a greater effect on one's psychological state and processes than neutral or positive things.
Beck suggests that people with negative self-schemata are liable to interpret information presented to them in a negative manner, leading to the cognitive distortions outlined above. The pessimistic explanatory style , which describes the way in which depressed or neurotic people react negatively to certain events, is an example of the effect ...
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Example: Andy gets mostly compliments and positive feedback about a presentation he has done at work, but he also has received a small piece of criticism. For several days following his presentation, Andy dwells on this one negative reaction, forgetting all of the positive reactions that he had also been given.
Hindsight bias is more likely to occur when the outcome of an event is negative rather than positive. [14] This is a phenomenon consistent with the general tendency for people to pay more attention to negative outcomes of events than positive outcomes.
(Reuters) -The U.S. Department of Justice announced a lawsuit on Wednesday accusing pharmacy chain CVS of filling illegal opioid prescriptions and billing federal health insurance programs ...
Have kids aged 6-to-12 get 9-to-12 hours per night and 13-to-18 get 8-to-10, the American Academy of Sleep Medicine says. Sleep received a C+, the second-highest mark among categories.