Expectation Bias
A cognitive bias where individuals' expectations influence their perceptions and judgments.
224 topics found for
“decision-making strategy”
Loss Aversion
A cognitive bias where the pain of losing is psychologically more powerful than the pleasure of gaining.
Pessimism Bias
A cognitive bias that causes people to overestimate the likelihood of negative outcomes.
Business Analytics
The process of using statistical analysis and modeling to explore and interpret business data to make informed decisions.
Diversification Bias
A cognitive bias where people prefer a greater variety of options when making simultaneous choices compared to sequential choices.
KPI
Key Performance Indicators (KPIs) are quantifiable measures used to evaluate the success of an organization, employee, or project in meeting objectives for performance.
Hard-Easy Effect
A cognitive bias where people overestimate the probability of success for difficult tasks and underestimate it for easy tasks.
Impact Bias
The tendency to overestimate the duration or intensity of the emotional impact of future events.
Eisenhower Matrix
A time management tool that helps prioritize tasks based on their urgency and importance, dividing them into four quadrants.