Myopic Loss Aversion
A cognitive bias where individuals tend to avoid risks when they perceive potential losses more acutely than potential gains.
51 topics found for
“cognitive phenomenon”
Multistability
A key aspect of Gestalt psychology that explains the tendency for ambiguous images to pop back and forth unstably between alternative interpretations in the mind.
Modality Effect
The phenomenon where people remember information better when it is presented through multiple sensory modalities rather than a single modality.
Irrational Escalation
The phenomenon where people continue a failing course of action due to the amount of resources already invested.
Illusory Superiority
A cognitive bias where individuals overestimate their own abilities, qualities, or performance relative to others.
Regressive Bias
A cognitive bias where individuals overestimate the likelihood of extreme events regressing to the mean.
Preference Reversal
A phenomenon where individuals' preferences between options change when the options are presented in different ways or contexts.
Mere Exposure Effect
A psychological phenomenon where people develop a preference for things simply because they are familiar with them.
Berkson’s Paradox
A statistical phenomenon where two independent events appear to be correlated due to a selection bias.