Confirmation Bias: This refers to the tendency to seek out information that confirms our existing beliefs while ignoring or downplaying contradictory evidence.
Availability Heuristic: This is a mental shortcut where we rely on immediate examples or instances that come readily to mind when making judgments or decisions.
Gambler's Fallacy: This is the mistaken belief that past events can influence future outcomes, even if the events are unrelated. For example, believing that after a series of losses, you are due for a win.