Impact Bias
The tendency to overestimate the duration or intensity of the emotional impact of future events.
148 topics found for
“decision-making psychology”
Hard-Easy Effect
A cognitive bias where people overestimate the probability of success for difficult tasks and underestimate it for easy tasks.
Intentionality Bias
The tendency to attribute intentional actions to others' behaviors, often overestimating their intent.
Illusion of Control
The tendency for people to overestimate their ability to control events.
Ambiguity Effect
A cognitive bias where decision-making is affected by the lack of information or uncertainty.
Fast and Frugal Heuristics
Decision-making strategies that use simple heuristics to make quick, efficient, and satisfactory choices with limited information.
Sunk Cost Fallacy
The tendency for individuals to continue a behavior or endeavor as a result of previously invested resources (time, money, or effort) rather than future potential benefits.
Similar To Me Bias
A cognitive bias where individuals favor others who are perceived to be similar to themselves, affecting judgments and decision-making.
Availability Heuristic
A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.