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BreakDown Notes
BreakDown Notes
and the description of the biases zoom and scroll the map
selling
yes
need to tell about your success
and or failures ? Availability cascade
yes selling something that Illusion of truth e ect
contradicts a paradigm ? nding it hard to give up item ? That people are more likely to identify as true statements those A self-reinforcing process in
was hard to get? they have previously heard (even if they cannot consciously which a collective belief gains
Self-serving bias no remember having heard them), regardless of the actual validity of more and more plausibility
he tendency to claim more responsibility for Loss aversion Endowment e ect Denomination e ect the statement. In other words, a person is more likely to believe a through its increasing
esses than failures. It may also manifest itself as The tendency to spend more money when it is repetition in public discourse
yes The disutility of giving up an The tendency for people to demand familiar statement than an unfamiliar one.
tendency for people to evaluate ambiguous looking for sex ? no object is greater than the utility much more to give up an object than denominated in small amounts (e.g., coins)
ormation in a way bene cial to their interests. associated with acquiring it. they would be willing to pay to rather than large amounts (e.g., bills).
acquire it.
Sexual overperception are you interesting? made it yourself ?
uestions about past performance ?
bias / sexual Semmelweis re ex item changed in value but you think for yourself?
underperception bias The tendency to reject new
Egocentric bias evidence that contradicts a IKEA e ect since you bought it ?
ecalling the past in a self-serving manner, e.g., The tendency to paradigm. The tendency for people to place a
emembering one's exam grades as being better no yes yes
over-/underestimate sexual interest disproportionately high value on Irrational escalation Disposition e ect Third-person e ect Moral credential e ect
han they were, or remembering a caught sh as of another person in oneself. objects that they partially The phenomenon where people justify Belief that mass
bigger than it really was. comparing options ? assembled themselves, such as increased investment in a decision, based on the
The tendency to sell an asset
communicated media
The tendency of a track record of
that has accumulated in no non-prejudice to increase
furniture from IKEA , regardless of cumulative prior investment, despite new messages have a greater
value and resist selling an subsequent prejudice.
the quality of the end result. evidence suggesting that the decision was e ect on others than on
potential partner part of a group? yes
asset that has declined in
Illusory superiority probably wrong. Also known as the sunk cost value. themselves.
fallacy.
Cheerleader e ect Overestimating one's desirable
The tendency for people to appear qualities, and underestimating
more attractive in a group than in undesirable qualities, relative to
isolation. other people.
Distinction bias judging person or society ?
no
The tendency to view two options as
more dissimilar when evaluating them
simultaneously than when evaluating competition involved ? unexpected new option ? Omission bias
them separately. The tendency to judge harmful
do you need to explain yourself / actions as worse, or less moral,
Zero-sum bias Decoy e ect than equally harmful omissions
something ? Preferences for either option A or B
A bias whereby a situation is incorrectly (inactions).
change in favor of option B when option C
no perceived to be like a zero-sum game
is presented, which is similar to option B
(i.e., one person gains at the expense of
but in no way better.
yes historic another).
person
comparision?
yes
successfullness of person to blame person needs help
explain your behavior? person in question ?
do you know the person ? Post-purchase rationalization
The tendency to persuade oneself Actor-observer bias Identi able victim e ect
through rational argument that a Moral luck The tendency for explanations of The tendency to respond more Travis Syndrome
tency bias Choice-supportive bias The tendency for people to other individuals' behaviors to Overestimating the signi cance of the
membering one's The tendency to remember one's yes purchase was good value.
ascribe greater or lesser moral overemphasize the in uence of their
strongly to a single identi ed society present. It is related to the enlightenment
person at risk than to a large
and behaviour as choices as better than they no Choice-supportive bias standing based on the outcome personality and underemphasize the group of people at risk. Idea of Progress and chronological
sent attitudes and actually were. made a similar choice
no In a self-justifying manner retroactively of an event. in uence of their situation , and for snobbery with possibly an appeal to novelty
ascribing one's choices to be more informed explanations of one's own behaviors logical fallacy being part of the bias.
before ? than they were when they were made. to do the opposite .
we got a pretty good idea thinking things are
need to dumb down? about each other or things are right? or things are getting better?
Outcome bias getting worse?
really happy or
Curse of knowledge The tendency to judge a decision by its Pro-innovation bias
When better-informed people nd Illusion of transparency unhappy with previous eventual outcome instead of based on Rosy retrospection Just-world hypothesis
The tendency to have an excessive
People overestimate others' ability to The tendency for people to want to
it extremely di cult to think about
know them, and they also overestimate decision the quality of the decision at the time it The remembering of the
believe that the world is
optimism towards an invention or
problems from the perspective of was made.
lesser-informed people. Naïve cynicism their ability to know others. person looks like you? past as having been better
fundamentally just, causing them to
innovation's usefulness throughout
than it really was. society, while often failing to
Expecting more egocentric rationalize an otherwise
identify its limitations and
bias in others than in involves quantities? no
inexplicable injustice as deserved
weaknesses.
oneself. person predictable? yes
by the victim(s).
yes
Trait ascription bias Stereotyping Automation bias
Expecting a member of a group to have System justi cation The tendency to depend excessively on
Egocentric bias
The tendency for people to view themselves
large quantities ? Weber–Fechner law The tendency to defend and bolster automated systems which can lead to
as relatively variable in terms of personality, Ingroup bias certain characteristics without having actual
Di culty in comparing small the status quo. Existing social, erroneous automated information
Occurs when people claim more behavior, and mood while viewing others as information about that individual.
di erences in large quantities. The tendency for people to give preferential economic, and political overriding correct decisions.
nsibility for themselves for the results much more predictable. treatment to others they perceive to be arrangements tend to be preferred,
oint action than an outside observer no involves members of their own groups.
would credit them with. and alternatives disparaged,
Surrogation Group attribution error
measurement / Losing sight of the strategic construct that a The biased belief that the characteristics of an
sometimes even at the expense of
individual and collective self-
benchmark measure is intended to represent, and
Defensive attribution hypothesis
individual group member are re ective of the interest.
subsequently acting as though the measure group as a whole or the tendency to assume that
is the construct of interest. Attributing more blame to a harm-doer as the group decision outcomes re ect the preferences
outcome becomes more severe or as of group members, even when information is
emotions running high ? personal or situational similarity to the victim available that clearly suggests otherwise.
increases.
know the odds of possible
outcomes ?
yes but I can not really
control myself yes
no certain that info / facts
support your judgement?
Restraint bias Regressive bias Subadditivity e ect
The tendency to overestimate one's Empathy gap Ambiguity e ect A certain state of mind wherein high values The tendency to judge probability of the
ability to show restraint in the face The tendency to underestimate the and high likelihoods are overestimated while whole to be less than the probabilities of
The tendency to avoid options for which
of temptation. in uence or strength of feelings, in low values and low likelihoods are the parts.
missing information makes the probability
either oneself or others.
seem "unknown".
underestimated. very certain reasonable