Need to Act fast(38)


Social-desirability Bias

Survey respondents will give answers that be viewed favourably by others.

Tagged With: Cognitive Bias, Need to Act fast, Feel important and impactful,

Trait ascription bias

We think that our traits, attitudes, behaviours, moods are relatively variable(it can change as needed) - but other peoples traits are more predictable and static.

Tagged With: Cognitive Bias, Need to Act fast, Feel important and impactful, attributional-bias,

System justification

We tend to defend the system we are in because it provides for many of our underlying needs.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status, social-psychology,

Self serving bias

Our thinking and perception is distorted in ways to enhance our self esteem.

Tagged With: Cognitive Bias, Feel important and impactful, Need to Act fast,

Social comparison bias

We have a feeling of dislike and competitiveness towards people who we think are better than us.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status,

Reactance

Reactance is the resistance we feel when there is a threat to our behavioural freedom.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status,

Risk compensation

We adjust behaviour according to perceived risk - we are more risk taking when we feel protected, and more careful when we sense greater risk.

Tagged With: Cognitive Bias, Need to Act fast, Feel important and impactful,

Overconfidence effect

We overestimate our performance, think our performance is better than that of others, and think we have more accurate beliefs.

Tagged With: Cognitive Bias, Need to Act fast, Feel important and impactful,

Law of the instrument

We tend to over-rely on a familiar tool.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status,

Loss aversion

We prefer to avoid making a loss over making a profit of the same value.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things,

Irrational escalation

When we get negative feedback for an outcome we are invested in, we increase effort towards it instead of altering course.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things,

False consensus effect

We think our beliefs, behaviours, personal qualities are the norm.

Tagged With: Cognitive Bias, Feel important and impactful, Need to Act fast,

Decoy effect

When deciding between two options, an unattractive third option can change the perceived preference between the other two.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status,

Disposition effect

When doing stock investing, we tend to sell off stocks that do well/increase in price - and keep the stock that is performing poorly.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things, behaviour, Behavioral finance,

Chesterton's fence

Ideally, we should not change something until we understand the purpose behind it.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status,

Barnum effect

We think that vague and generic personality descriptions that can apply to a lot of people are very accurate and made specifically for them.

Tagged With: Cognitive Bias, Feel important and impactful, Need to Act fast,

Dunning-Kruger Effect

Dunning–Kruger effect is a cognitive bias in which people with low ability at a task overestimate their ability.

Tagged With: psychology, permanent-notes, cognition, Cognitive Bias, Feel important and impactful, Need to Act fast,

Abilene paradox

It is possible for a group to decide on something that is against most or all of the group members' preference.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status, decision-making,

Unit bias

We want to finish a unit of anything we are consuming - we don't want to stop in the middle.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things,

Illusory superiority

We overestimate our own qualities and abilities when compared to other people.

Tagged With: Cognitive Bias, Feel important and impactful, Need to Act fast,

Effort justification

If we put in a lot of effort into something, its value will go up in our mind.

Tagged With: Cognitive Bias, Need to Act fast, Feel important and impactful,

Sunk Cost Fallacy

People generally put in more investment into a failing thing to win back the investment that has already gone in.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things, decision-making, fallacy,

Pseudocertainty effect

We think of an outcome as certain - but in reality if we zoom out, it would be part of a multi-step process - which in entirety is not certain.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things,

Hard Easy Effect

Hard tasks makes you overconfident - and predict higher success probability while easier tasks makes you under confident - and predict lower success.

Tagged With: Cognitive Bias, Feel important and impactful, Need to Act fast,

Optimism Bias

We exaggerate the probability of good things happening to us.

Tagged With: Cognitive Bias, Need to Act fast, Feel important and impactful,

Hippo Effect

Hippo - or Highest Paid Person's Opinion. In meetings, there might be a person who has the most experience or authority(usually the boss). Decisions they make might go unchallenged.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status,

Generation effect

We remember things better if our own mind makes it up rather than when we just read it.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things, memory, memory-bias,

Fundamental Attribution Error

We attribute the reason of our own(or of our friends) failures to the environment, but the failures of others(or our enemies) to their character.

Tagged With: Cognitive Bias, Need to Act fast, Feel important and impactful,

Defensive attribution hypothesis

We tend to believe theories about the cause of a mishap in a way that minimizes our own blame or threat in that mishap.

Tagged With: Cognitive Bias, Need to Act fast, Feel important and impactful, attribution,

Backfire effect

When we are presented with evidence against a pre-existing belief that we had, we sometimes reject the evidence and hold the belief even more strongly.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things,

Zero risk bias

We prefer to eliminate risks **completely** in a smaller part rather than reduce overall risk even if the second option reduces risk to a greater extend.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things,

Reverse psychology

Reverse psychology is a manipulation technique that asks someone to do something opposite to the action that is actually required.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status,

Illusion of control

We overestimate how much control we have over situations.

Tagged With: Cognitive Bias, Feel important and impactful, Need to Act fast,

Third-person effect

We think that mass media affects other people more than it affects us.

Tagged With: Cognitive Bias, Feel important and impactful, Need to Act fast,

Status quo bias

We prefer the current situation. We tend to think it is better than other alternatives.

Tagged With: Cognitive Bias, Need to Act fast, Want to have autonomy and status, emotional-bias,

IKEA effect

We value things much higher if we created them(even partially).

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things,

Egocentric Bias

We overestimate our own perspective.

Tagged With: Cognitive Bias, Feel important and impactful, Need to Act fast,

Endowment effect

We want to keep a thing we own more than we want to get the same thing when we don't own it.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things, behavioral-economics,