Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Have you ever made a decision that seemed completely sensible at the time, only to realize later that it was shaped by emotions or hidden beliefs? This happens because our minds don’t always assess information in a neutral, logical way. Instead, we often depend on mental shortcuts, which can sometimes lead to flawed thinking. These predictable errors in judgment are known as cognitive biases—habitual ways in which our thinking strays from rationality.
What Are Cognitive Biases?
Cognitive bias refers to the brain’s tendency to interpret information in a way that diverges from logical reasoning. Psychologists Daniel Kahneman and Amos Tversky introduced this concept in the 1970s when they discovered that human decisions are often guided by heuristics—mental strategies that speed up decision-making but can also lead to mistakes (Tversky & Kahneman, 1974). While these biases can be useful in simplifying complex situations, they sometimes result in poor decisions, flawed reasoning, or irrational behavior.
Common Cognitive Biases You Should Know
This occurs when we give more weight to information that supports our beliefs and disregard data that challenges them. Example: Someone who supports a particular political view may only consume media that reinforces their stance, ignoring other viewpoints (Nickerson, 1998).
We tend to rely heavily on the first piece of information we receive—the “anchor”—when making decisions. Example: If an item is initially priced at $100 but discounted to $70, it may appear to be a bargain even if it’s only worth $50 (Tversky & Kahneman, 1974).
Our judgments are influenced by how easily examples come to mind, not by actual statistics. Example: After seeing news of a plane crash, people may overestimate the danger of flying, even though car accidents are far more common (Kahneman, 2011).
Many people believe they know more than they actually do, which can lead to risky decisions. Example: A novice investor may think they can beat the stock market, resulting in significant losses (Pallier et al., 2002).
This happens when individuals with limited knowledge overestimate their skills, while experts tend to underestimate theirs. Example: Someone who took a few online psychology classes may think they fully understand human behavior (Kruger & Dunning, 1999).
Why Do These Biases Occur?
Cognitive biases are a byproduct of how our brains manage and interpret information. Here are three primary causes:
How Biases Affect Everyday Life
Cognitive biases influence many areas of our lives:
How to Minimize the Impact of Cognitive Bias
While it’s nearly impossible to eliminate cognitive biases altogether, we can take steps to reduce their effect:
Cognitive biases are natural tendencies of the human brain that can influence decision-making and perception. While they help us make quick choices, they can also lead to errors in judgment. By understanding these biases and actively working to reduce their effects, we can make more rational and informed decisions in all areas of life.
Cognitive biases are natural tendencies that shape how we think, judge, and decide. While they help us react quickly, they can also mislead us. By being more mindful of these mental shortcuts and actively working to counteract them, we can enhance the quality of our decisions in both personal and professional settings.