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Cognitive biases are systematic patterns of deviation from norm and/or rationality in judgment. They are often studied in psychology, sociology and behavioral economics. [1] Although the reality of most of these biases is confirmed by reproducible research, [2] [3] there are often controversies about how to classify these biases or how to ...
Biases specific to groups (such as the risky shift) versus biases at the individual level. Biases that affect decision-making, where the desirability of options has to be considered (e.g., sunk costs fallacy). Biases, such as illusory correlation, that affect judgment of how likely something is or whether one thing is the cause of another.
Sample flowchart representing a decision process when confronted with a lamp that fails to light. In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options.
In the context of decision making, alignability can influence choices or the ability to make a similarity judgement of a potential option. [17] The alignment process enables a person to draw similarities and difference which impact their choice-supportive biases.
In Jonas et al. (2001) empirical studies were done on four different experiments investigating individuals' and groups' decision making. This article suggests that confirmation bias is prevalent in decision making. Those who find new information often draw their attention towards areas where they hold personal attachment.
Status quo bias should be distinguished from a rational preference for the status quo ante, as when the current state of affairs is objectively superior to the available alternatives, or when imperfect information is a significant problem. A large body of evidence, however, shows that status quo bias frequently affects human decision-making. [63]
An emotional bias is a distortion in cognition and decision making due to emotional factors. For example, a person might be inclined: to attribute negative judgements to neutral events or objects; [ 1 ] [ 2 ]
Cognitive biases are important variables in clinical decision-making by medical general practitioners (GPs) and medical specialists. Two important ones are confirmation bias and the overlapping availability bias. A GP may make a diagnosis early on during an examination, and then seek confirming evidence rather than falsifying evidence.