Tagged “heuristics”
Entries across every discipline that share this thread.
Cognitive bias
Anchoring
The first number you see quietly drags every later estimate towards it.
Cognitive biasAvailability Heuristic
We judge how likely something is by how easily examples come to mind.
Cognitive biasConfirmation Bias
We seek, favour and remember evidence that fits what we already believe.
Cognitive biasDunning–Kruger Effect
The less skilled we are at something, the more we tend to overrate our skill at it.
Cognitive biasLoss Aversion
A loss hurts about twice as much as an equivalent gain feels good.
Cognitive biasSunk-Cost Fallacy
Continuing something because of what you've already spent, not what it's now worth.