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There are several types of cognitive bias that can negatively affect your investment decisions. Here are 10 to consider: Investors can use several strategies to recognize and address cognitive biases.
There are mixed opinions on whether or not subconscious bias can be reduced. "Simply increasing physicians' familiarity with ...
The Dunning-Kruger effect is a cognitive bias in which people wrongly overestimate ... Created with Sketch. One type of overconfidence, called overprecision, occurs when someone is exaggeratedly ...
339-340) identify two main types of reasoning ... and open to revision with new evidence. While adaptive, cognitive biases sometimes hinder reason when under pressure. Confirmation bias, for ...
Hindsight bias occurs when you overestimate your ability to judge the outcome of a situation that already happened. "This is a type of distorted thinking and is one of the common cognitive biases ...
The few existing zoo cognitive bias studies are reviewed, as well as those conducted on similar, non-domesticated species. This work is then used to discuss how tests could be successfully designed ...