Avoid Irreversible decisions(10)


Delmore effect

We tend to have more defined and articulated goals about parts of our lives which has lower priority.

Tagged With: Cognitive Bias, Avoid Irreversible decisions, Simple or complete over complex, ambiguous,

Rhyme as reason effect

We believe that proverbs, sayings etc. are more accurate if it rhymes.

Tagged With: Cognitive Bias, Avoid Irreversible decisions, Simple or complete over complex, ambiguous,

Less-is-better effect

lesser option is preferred when evaluated separately.

Tagged With: Cognitive Bias, Avoid Irreversible decisions, Simple or complete over complex, ambiguous,

Linguistic relativity

The languages you know influence your cognition and world view.

Tagged With: Cognitive Bias, Avoid Irreversible decisions, Simple or complete over complex, ambiguous,

Occam's razor

The simplest explanation is often the best one.

Tagged With: Avoid Irreversible decisions, Simple or complete over complex, ambiguous,

Conjunction fallacy

We think that specific conditions are more probable than a single general condition.

Tagged With: Cognitive Bias, Avoid Irreversible decisions, Simple or complete over complex, ambiguous,

Bike shed effect

We tend to spend more time on figuring out trivial things rather than spending time on the important things.

Tagged With: Cognitive Bias, Avoid Irreversible decisions, Simple or complete over complex, ambiguous,

Belief bias

We judge arguments based on the probability of the conclusion rather than how strongly the argument supports the conclusion.

Tagged With: Cognitive Bias, Avoid Irreversible decisions, Simple or complete over complex, ambiguous,

Ambiguity effect

We prefer options with known probability over options with unknown probability even if the payout is smaller in the known option.

Tagged With: Cognitive Bias, Avoid Irreversible decisions, Simple or complete over complex, ambiguous,

Information bias

We want to search for information even when it does not affect the decision.

Tagged With: Cognitive Bias, Avoid Irreversible decisions, Simple or complete over complex, ambiguous,