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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.
(Score: 3, Insightful) by Coward, Anonymous on Sunday February 16 2020, @02:30AM (6 children)
Can we just summarize this as humans are fallible?
(Score: 0) by Anonymous Coward on Sunday February 16 2020, @03:09AM (1 child)
Where's the -1 party pooper mod?
(Score: 3, Funny) by Coward, Anonymous on Sunday February 16 2020, @04:07AM
That would count as #3 In-Group Favoritism. Also Naïve Realism, Availability Cascade, Law of Triviality, and possibly IKEA Effect.
(Score: 0) by Anonymous Coward on Monday February 17 2020, @04:04PM
That's like setting your jpeg compression settings to "make the whole picture a shade of gray and call it a day".
(Score: 2) by hendrikboom on Saturday February 22 2020, @12:55PM (2 children)
Only if we don't want to compensate for bias in order to become more objective.
(Score: 3, Insightful) by Coward, Anonymous on Sunday February 23 2020, @08:55AM (1 child)
The errors I catch myself making and also see in others are more basic than some subtle "bias". Correcting for bias is like making declination adjustments to a compass reading. First we need to know which end of the needle points North, and which end points South.
(Score: 2) by hendrikboom on Tuesday February 25 2020, @04:01AM
Yes. That would be useful!