Hindsight Bias
A cognitive bias where people perceive past events as having been more predictable than they actually were.
235 topics found for
“decision-making process”
Priming
A psychological effect where exposure to one stimulus influences the response to a subsequent stimulus, without conscious guidance or intention.
Overchoice
The phenomenon where having too many options leads to decision-making paralysis and decreased satisfaction.
One Page/One Hour
A method where a document or proposal is limited to one page and created within one hour to ensure clarity and focus.
BPMN
Business Process Model and Notation (BPMN) is a graphical representation for specifying business processes in a workflow, using standardized symbols and notations.
Monte Carlo Simulation
A statistical technique that uses random sampling and statistical modeling to estimate mathematical functions and simulate systems.
Bye-Now Effect
The tendency for people to defer purchasing decisions to a later time, often leading to procrastination.
Zero-Risk Bias
A cognitive bias where people prefer the option that seems to eliminate risk entirely, even if another option offers a greater overall benefit.
Optimism Bias
A cognitive bias that causes people to believe they are less likely to experience negative events and more likely to experience positive events than others.