We make decisions all the time. To make that easier, we use shortcuts to make processing more efficient, more effective, and more certain.
At least it feels that way to us.
Mental heuristics are great - they do often save us time or effort. And, for many people, they enable better decision making. But, as with any generalization, there are exceptions that can be dangerous.
That's where cognitive biases come in; we have biases toward how we remember things, how we view ourselves, how we make decisions, and what we make things mean.
We're all victims to them, to some extent. But hopefully, by understanding them and becoming aware of them, we can limit their impact.
For a bigger infographic with 180+ cognitive biases, click here.
Comments
Getting Rid of Cognitive Biases
We make decisions all the time. To make that easier, we use shortcuts to make processing more efficient, more effective, and more certain.
At least it feels that way to us.
Mental heuristics are great - they do often save us time or effort. And, for many people, they enable better decision making. But, as with any generalization, there are exceptions that can be dangerous.
That's where cognitive biases come in; we have biases toward how we remember things, how we view ourselves, how we make decisions, and what we make things mean.
We're all victims to them, to some extent. But hopefully, by understanding them and becoming aware of them, we can limit their impact.
Getting Rid of Cognitive Biases
We make decisions all the time. To make that easier, we use shortcuts to make processing more efficient, more effective, and more certain.
At least it feels that way to us.
Mental heuristics are great - they do often save us time or effort. And, for many people, they enable better decision making. But, as with any generalization, there are exceptions that can be dangerous.
That's where cognitive biases come in; we have biases toward how we remember things, how we view ourselves, how we make decisions, and what we make things mean.
We're all victims to them, to some extent. But hopefully, by understanding them and becoming aware of them, we can limit their impact.
Here's a great infographic with 50 of the most common cognitive biases. Click to see the full-size image.
via VisualCapitalist
For a bigger infographic with 180+ cognitive biases, click here.
Posted at 07:59 PM in Business, Current Affairs, Healthy Lifestyle, Ideas, Market Commentary, Personal Development, Religion, Science, Trading | Permalink
Reblog (0)