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Don't Fool Yourself With Confirmation Bias...and 49 Other Cognitive Biases

posted by Fnord666 on Saturday February 15 2020, @09:51PM   Printer-friendly
from the Gurdjieff-taught-it-is-not-so-easy-to-remember-yourself dept.

A weekly financial newsletter included this link, https://www.titlemax.com/discovery-center/lifestyle/50-cognitive-biases-to-be-aware-of-so-you-can-be-the-very-best-version-of-you/. A cute graphical "flash card" version of the same list is available at https://www.visualcapitalist.com/50-cognitive-biases-in-the-modern-world/ Each "card" includes a short example that I found helpful in understanding the definitions.

Along with the ever-popular Dunning-Kruger Effect, the list had some eye openers for me. Here are the first ten. As a mental exercise, think about how many more you are aware of...before going to either of the links for a peek:

1. Fundamental Attribution Error: We judge others on their personality or fundamental character, but we judge ourselves on the situation.

2. Self-Serving Bias: Our failures are situational, but our successes are our responsibility.

3. In-Group Favoritism: We favor people who are in our in-group as opposed to an out-group.

4. Bandwagon Effect: Ideas, fads, and beliefs grow as more people adopt them.

5. Groupthink: Due to a desire for conformity and harmony in the group, we make irrational decisions, often to minimize conflict.

6. Halo Effect: If you see a person as having a positive trait, that positive impression will spill over into their other traits. (This also works for negative traits.)

7. Moral Luck: Better moral standing happens due to a positive outcome; worse moral standing happens due to a negative outcome.

8. False Consensus: We believe more people agree with us than is actually the case.

9. Curse of Knowledge: Once we know something, we assume everyone else knows it, too.

10. Spotlight Effect: We overestimate how much people are paying attention to our behavior and appearance.

At some level, I suppose this is click-bait--but this bait got me thinking.

Original Submission

 
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  • (Score: 2, Funny) by Anonymous Coward on Saturday February 15 2020, @11:49PM (5 children)

    by Anonymous Coward on Saturday February 15 2020, @11:49PM (#958631)

    1. Half of EF's comments are right half of the time.
    2. 99 bottles of beer on the wall.
    3. Take one down and pass it around.
    4. 98 bottles of beer on the wall.
    5. GOTO 2.

    Starting Score:    0  points
    Moderation   +2  
       Funny=1, Disagree=1, Touché=1, Total=3
    Extra 'Funny' Modifier   0  
    Total Score:   2  

  • (Score: 3, Interesting) by sgleysti on Sunday February 16 2020, @03:36AM (4 children)

    by sgleysti (56) Subscriber Badge on Sunday February 16 2020, @03:36AM (#958677)

    I think you're missing a decrement operation. Since I'm not too familiar with basic, here it is in PIC assembler:

    common udata_shr
    num_bottles_wall res 1

    reset_vec code H'0'
        goto start

    program code
    start
        movlw .99
        movwf num_bottles_wall
    loop
        decfsz num_bottles_wall
        goto loop

        goto $
        end

    • (Score: 2) by barbara hudson on Sunday February 16 2020, @02:23PM (2 children)

      by barbara hudson (6443) <barbara.Jane.hudson@icloud.com> on Sunday February 16 2020, @02:23PM (#958789) Journal
      Should be GOTO 3 if you are looking for a decrement.
      --
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      • (Score: 2) by sgleysti on Sunday February 16 2020, @02:45PM (1 child)

        by sgleysti (56) Subscriber Badge on Sunday February 16 2020, @02:45PM (#958797)

        Aha, right, my mistake. Additionally make the number of bottles a variable and that clinches it, I think.

        • (Score: 2) by barbara hudson on Sunday February 16 2020, @03:47PM

          by barbara hudson (6443) <barbara.Jane.hudson@icloud.com> on Sunday February 16 2020, @03:47PM (#958811) Journal
          Well, you could just start at INFINITY bottles. Infinity - 1 is still INFINITY, Hastings a smaller infinite number. Infinity bottles might even be enough to keep EF supplies for a while. :-)
          --
          SoylentNews is social media. Says so right in the slogan. Soylentnews is people, not tech.

    • (Score: 0) by Anonymous Coward on Sunday February 16 2020, @04:17PM

      by Anonymous Coward on Sunday February 16 2020, @04:17PM (#958819)

      I was using BASIC but couldn't remember the correct operation. I think you could set $X as 99 then have $X=$X-1 or something.