4 Signs of Overconfidence Bias and How It Affects You Judgement

Overconfidence bias is something we are all guilty of and we may not even realize how much it affects our judgment. What is overconfidence bias? Overconfidence bias, or the overconfidence effect, is a bias established in a person’s subjective confidence of their judgments. As a result, that person will consider…

What Is the Barnum Effect and How It Can Be Used to Fool You

Have you ever read your horoscope and thought that it was amazingly accurate? You might just be a victim of the Barnum Effect. The Barnum Effect, also known as the Forer Effect, occurs when people believe that vague and general descriptions are accurate representations of traits that belong to them…

The Psychology of Anchoring and How It Affects Your Ideas & Decisions

Anchoring in psychology is a specific cognitive bias. It takes the form of individuals grabbing hold of the one piece of information they heard first, to the detriment of other information. You might know this as ‘first impressions’ – when someone relies on their own first idea of a person…

What Is a Positive Bias and How It Distorts Your Perception of Other People

What is a positive bias, you ask? It is a tendency in humans to overestimate when good things will happen. There is even a specific use of this term in research. It refers to when someone in research only publishes positive outcomes. A positive bias is normally seen as a…

8 Decision-Making Biases That Affect Your Choices Without You Even Knowing

Cognitive biases can affect our decision-making abilities even when we are not aware of them. Even when we are fully thinking through a decision, these biases can affect our choices and limit the options we pick from. We are constantly making decisions throughout the day, in work, at home, and…

What Is Confirmation Bias and 3 Signs Your Decisions Are Affected by It

What would you think if a friend stopped returning your calls? Would you think they were ignoring you? Would you think it was something you said, maybe something you did? Is it just wishful thinking? Or could it just be your own confirmation bias coming into play? Are you suffering…

10 Cognitive Biases That Secretly Affect Your Perception and Decision Making

Cognitive biases are errors in judgments when we make decisions. Human beings have to react quickly to their environment. This involves a rapid processing of information received from all around us. The senses continually bombard our brain with this information. As such, in order to make reasonable decisions, our brain…