Present Bias
A cognitive bias where individuals give stronger weight to payoffs that are closer to the present time compared to those in the future.
A cognitive bias where individuals give stronger weight to payoffs that are closer to the present time compared to those in the future.
The tendency to believe that things will always function the way they normally have, often leading to underestimation of disaster risks.
A cognitive bias where people focus on the most noticeable or prominent information while ignoring less conspicuous details.
The tendency to overestimate the duration or intensity of the emotional impact of future events.
The tendency to perceive a greater quantity as a better value, regardless of the actual utility.
A cognitive bias that leads individuals to prefer things to remain the same rather than change, often resisting new options or changes.
A cognitive bias where individuals overestimate their ability to control impulsive behavior, leading to overexposure to temptations.
The tendency to overestimate how much our future preferences and behaviors will align with our current preferences and behaviors.
A cognitive bias that causes people to attribute their own actions to situational factors while attributing others' actions to their character.