Survivorship bias is the logical error of concentrating on the people or things that “survived” some process and inadvertently overlooking those that did not because of their lack of visibility. This can lead to false conclusions in several different ways. The survivors may literally be people, as in a medical study, or could be companies […]
Category: Cognitive Bias
Time-saving bias
The time-saving bias describes people’s tendency to incorrectly estimate the time that could be saved (or lost) when increasing (or decreasing) speed. In general, people underestimate the time that could be saved when increasing from a relatively low speed (e.g., 25 mph or 40 km/h) and overestimate the time that could be saved when increasing from a […]
Well travelled road effect
The well travelled road effect is a cognitive bias in which travellers will estimate the time taken to traverse routes differently depending on their familiarity with the route. Frequently traveled routes are assessed as taking a shorter time than unfamiliar routes. This effect creates errors when estimating the most efficient route to an unfamiliar destination, when […]
Zero-risk bias
Zero-risk bias is a tendency to prefer the complete elimination of a risk even when alternative options produce a greater reduction in risk (overall). This effect on decision making has been observed in surveys presenting hypothetical scenarios and certain real world policies (e.g. war against terrorism as opposed to reducing the risk of traffic accidents […]
Naïve realism, also known as direct realism or common sense realism, is a philosophy of mind rooted in a theory of perception that claims that the senses provide us with direct awareness of the external world. In contrast, some forms of idealism assert that no world exists apart from mind-dependent ideas and some forms of […]
Illusion of transparency
The illusion of transparency is a tendency for people to overestimate the degree to which their personal mental state is known by others. Another manifestation of the illusion of transparency (sometimes called the observer’s illusion of transparency) is a tendency for people to overestimate how well they understand others’ personal mental states. This cognitive bias […]
Illusion of asymmetric insight
The illusion of asymmetric insight is a cognitive bias whereby people perceive their knowledge of others to surpass other people’s knowledge of themselves. This bias seems to be due to the conviction that observed behaviors are more revealing of others than self, while private thoughts and feelings are more revealing of the self. A study […]
Naive cynicism
Naive cynicism is a cognitive bias that occurs when people expect more egocentric bias in others than actually is the case. The term was proposed by Justin Kruger and Thomas Gilovich. In one series of experiments, groups including married couples, video game players, darts players and debaters were asked how often they were responsible for […]
Trait ascription bias
Trait ascription bias is the tendency for people to view themselves as relatively variable in terms of personality, behavior and mood while viewing others as much more predictable in their personal traits across different situations. More specifically, it is a tendency to describe one’s own behavior in terms of situational factors while preferring to describe another’s […]
Neglect of probability
The neglect of probability, a type of cognitive bias, is the tendency to completely disregard probability when making a decision under uncertainty and is one simple way in which people regularly violate the normative rules for decision making. Small risks are typically either neglected entirely or hugely overrated, the continuum between the extremes is ignored. […]