The Briefing Room
General Category => Science, Technology and Knowledge => Topic started by: ABX on April 03, 2016, 03:28:21 pm
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Interesting infographic from Business Insider.
http://www.businessinsider.com/cognitive-biases-that-affect-decisions-2015-8
To cut to the chase, here it is (click the link above for a larger version):
(http://static2.businessinsider.com/image/56a111b8e6183e263a8badf6-1200-2247/bi_graphics_20-cognitive-biases-that-screw-up-your-decisions.png)
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With human beings there is no such thing as an objective decision. We are all guided by the "primacy of affect."
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Some of those are interesting although I don't think the examples in some of them really demonstrate the bias properly. For example, recensy is not always a bias because often the most recent information will be more useful than the older information, assuming the time order matters. Further, the example given is really more of an example of the bias of extrapolation; i.e., that things will continue to be in the future the way they are now or that events or data will continue to have the same trend they have now.