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Cognitive bias mitigation is the prevention and reduction of the negative effects of cognitive biases – unconscious, automatic influences on human judgment and decision making that reliably produce reasoning errors. Coherent, comprehensive theories of cognitive bias mitigation are lacking.
The tendency to judge a decision by its eventual outcome instead of the quality of the decision at the time it was made. Pessimism bias: The tendency for some people, especially those with depression, to overestimate the likelihood of negative things happening to them. (compare optimism bias) Present bias
Predictably Irrational: The Hidden Forces That Shape Our Decisions is a 2008 book by Dan Ariely, in which he challenges readers' assumptions about making decisions based on rational thought. Ariely explains, "My goal, by the end of this book, is to help you fundamentally rethink what makes you and the people around you tick.
Getty By Shana Lebowitz There are plenty of external factors that can hold you back from success at work — from a dismal economy to backstabbing coworkers. But when it comes to professional ...
A continually evolving list of cognitive biases has been identified over the last six decades of research on human judgment and decision-making in cognitive science, social psychology, and behavioral economics. The study of cognitive biases has practical implications for areas including clinical judgment, entrepreneurship, finance, and management.
[31] The writing process was coordinated by decision making scientist Linnea Gandhi, who also did much of the editing. [30] Gandhi also co-wrote the Harvard Business Review article [7] that introduced the concept of noise in human judgment in 2016. In the Acknowledgements section of the book, the authors thank many fellow social scientists for ...
Additionally, a study by Hayibor and Wasieleski found that the availability of others who believe that a particular act is morally acceptable is positively related to others' perceptions of the morality of that act. This suggests that availability heuristic also has an effect on ethical decision making and ethical behavior in organizations. [22]
Medical decision support systems are designed to assist physicians in diagnosis and treatment, and have been suggested as a way to counteract hindsight bias. However, these decision support systems come with drawbacks, as going against a recommended decision resulted in more punitive jury outcomes when physicians were found liable for causing harm.