Tagged “heuristics”

Entries across every discipline that share this thread.

Cognitive bias

The first number you see quietly drags every later estimate towards it.

We judge how likely something is by how easily examples come to mind.

We seek, favour and remember evidence that fits what we already believe.

The less skilled we are at something, the more we tend to overrate our skill at it.

A loss hurts about twice as much as an equivalent gain feels good.

Continuing something because of what you've already spent, not what it's now worth.

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