Probability Matching
A decision-making strategy where individuals allocate resources proportionally to the probability of an outcome occurring, rather than optimizing the most likely outcome.
164 topics found for
“design biases”
Pessimism Bias
A cognitive bias that causes people to overestimate the likelihood of negative outcomes.
Actor-Observer Bias
A cognitive bias that causes people to attribute their own actions to situational factors while attributing others' actions to their character.
Machine Learning Bias
Systematic errors in AI models that arise from the data or algorithms used, leading to poor outcomes.
Intentionality Bias
The tendency to attribute intentional actions to others' behaviors, often overestimating their intent.
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.
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.
Expectation Bias
A cognitive bias where individuals' expectations influence their perceptions and judgments.
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.