Tag Archives: Probability

The Confirmation Bias — What Do You Really Know: List of Biases in Judgment and Decision-Making, Part 6

Well, here we are into the sixth week of biases in judgment and decision-making. Every Monday, I look at my list of cognitive biases and I see that we’ve still got quite a few weeks to go until I’ve exhausted the biases that I want to talk about. This week was a toss-up: I was …

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Perspective and the Framing Effect: List of Biases in Judgment and Decision-Making, Part 5

Since I was going to talk about the framing effect last week (and opted for the planning fallacy instead because of circumstances), I thought I’d get into the framing effect this week. The framing effect is a very easy bias to understand, in that it’s not as complicated in its description as some of the other …

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