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Confirmation bias is the tendency to search for, interpret, focus on and remember information in a way that confirms one's preconceptions. [32] There are multiple other cognitive biases which involve or are types of confirmation bias: Backfire effect, a tendency to react to disconfirming evidence by strengthening one's previous beliefs. [33]
Cognitive bias mitigation and cognitive bias modification are forms of debiasing specifically applicable to cognitive biases and their effects. Reference class forecasting is a method for systematically debiasing estimates and decisions, based on what Daniel Kahneman has dubbed the outside view .
The frequency illusion (also known as the Baader–Meinhof phenomenon) is a cognitive bias in which a person notices a specific concept, word, or product more frequently after recently becoming aware of it. The name "Baader–Meinhof phenomenon" was coined in 1994 by Terry Mullen in a letter to the St. Paul Pioneer Press. [1]
Here are 15 cognitive biases that Those are the six most important words in investing. Shady financial advisors and incompetent CEOs don't harm your returns a fraction of the amount your own ...
Here are eight common money mindsets that could be holding you back from financial success, along with tips to counter these biases. If you still find yourself struggling to overcome them ...
An implicit bias or implicit stereotype is the pre-reflective attribution of particular qualities by an individual to a member of some social out group. [1]Implicit stereotypes are thought to be shaped by experience and based on learned associations between particular qualities and social categories, including race and/or gender. [2]
Media bias is the bias or perceived bias of journalists and news producers within the mass media in the selection of events, the stories that are reported, and how they are covered. The term generally implies a pervasive or widespread bias violating the standards of journalism , rather than the perspective of an individual journalist or article ...
The ways in which these biases affect Wikipedia, and the ways they synergize with Wikipedia's unique systemic biases; as well as those that affect the world at large — is explored. This essay lists some common biases as well as strategies to avoid them. It also discusses how you can go about making other people aware of bias in their reasoning.