The planning fallacy bias is a cognitive bias that leads people to underestimate the time, costs, and risks associated with future events. This bias occurs because people tend to base their estimates on best-case scenarios, rather than considering all potential outcomes.
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Time-saving bias: Definition & Examples | Cognitive Biases
The time-saving bias can be dangerous because it can lead us to take shortcuts that may be unsafe. For example, if we are in a hurry to get somewhere, we may take a shortcut through a dark alley or an unfamiliar area. This could lead to us getting lost or being attacked.
Pro-innovation bias: Definition & Examples | Cognitive Biases
The Pro-innovation bias is the cognitive bias that leads people to believe that new things are better than old things, regardless of whether or not this is actually true. This bias can lead people to make poor decisions, as they may choose a new product or technology simply because it is new, without considering whether it is actually any better than what they already have.
Projection bias: Definition & Examples | Cognitive Biases
The cognitive bias projection bias is a type of cognitive bias that causes people to incorrectly attribute their own feelings, thoughts and motives to other people. It can be used as a self-defense mechanism or when it is being used to avoid taking responsibility for actions. Learn more about the projection bias effects here!
Resistant bias: Definition & Examples | Cognitive Biases
What is the resistant bias? The resistant bias is a cognitive bias that causes people to reject information that contradicts their beliefs. This can lead to people becoming entrenched in their views, even when faced with contradictory evidence. People use this as a defense mechanism to protect themselves and maintain their ego, even if it means being wrong.
Self-consistency bias: Definition & Examples | Cognitive Biases
What is the Self-consistency bias? The self-consistency bias is a cognitive bias that refers to the tendency to favor information that is consistent with one’s beliefs or values. This can lead people to ignore evidence against their beliefs, and it can also lead to confirmation bias, which is the tendency to seek out information that supports one’s beliefs.
Illusion of asymmetric insight bias: Definition & Examples | Cognitive Biases
The Illusion of Asymmetric Insight Bias is a phenomenon in which people tend to believe that they know more about their own attitudes and behaviors than others do. It is egocentrism. Learn more here.
Illusion of external agency bias: Definition & Examples | Cognitive Biases
The Illusion of external agency bias is a cognitive bias that causes people to believe that someone or something has control over their life and the events happening in it because they don’t like the idea of randomness and uncertainty. If you are interested, more information about this cognitive bias is available below.
Extrinsic incentive error bias: Definition & Examples | Cognitive Biases
What is the Extrinsic Incentive Error Bias? The Extrinsic Incentive Error Bias, also known as Self-Serving Bias or Outcome Attributional Bias, is a cognitive bias that leads us to learn more readily from the bad consequences of our actions than good ones. Why does this happen? Bad consequences tend to be more emotional and
Spotlight effect bias: Definition & Examples | Cognitive Biases
What is the spotlight effect bias? The spotlight effect happens when we think that we are more noticeable than normal. It is a cognitive bias that says that people tend to overestimate their abilities and importance in social settings.