What are common cognitive biases?

Cognitive biases refer to the systematic errors in thinking processes that affect people's decision-making abilities and judgments. They are common and can impact individuals of all ages, genders, and educational backgrounds. Some examples of common cognitive biases include confirmation bias, which involves seeking information that confirms pre-existing beliefs and disregarding contradictory evidence; anchoring bias, which involves relying too heavily on the first information received when making decisions; and availability bias, which involves overestimating the probability of events based on their recent occurrence or availability in memory. Understanding these biases and being aware of their influence can help one make more informed decisions.

This mind map was published on 12 June 2023 and has been viewed 65 times.