Cognitive Biases

Definition

Cognitive biases are systematic errors in thinking and decision-making that occur as a result of simplified mental shortcuts or faulty reasoning. They can influence our perceptions, judgments, and behaviors without us even realizing it.

Related terms

Confirmation Bias: This bias refers to our tendency to seek out information that confirms our preexisting beliefs or expectations.

Availability Heuristic: This bias occurs when we make judgments based on how easily examples come to mind rather than considering the actual probability.

Anchoring Bias: This bias happens when we rely too heavily on the first piece of information we receive when making subsequent judgments or decisions.