What is the anchoring bias?
the tendency to rely on the first piece of information received when making a decision
What is the misinformation effect?
where the information acquired after an event influences the accuracy of the events original memory
What is the attentional bias?
the tendency to focus on specific information over others leading to decisions that may or may not consider all pros and cons
What is the Dunning - Krueger effect?
the cognitive bias where an individual overestimates their knowledge or ability in an area which they have little to no experience with
What is the confirmation bias?
the tendency to interpret information to confirm existing beliefs or expectations
What is the hindsight bias?
the tendency to overestimate the likelihood of an events outcome, regardless of randomness or unpredictability
What is the false - consensus bias?
the tendency to overestimate the similarity of other in terms of beliefs, personal characteristics or behaviours
What is the optimism bias?
the tendency to overestimate the likelihood of positive events and underestimate the likelihood of negative events occurring.