10 Cognitive Biases We Should Never Fall Prey To [Thread]

1. Anchoring Bias https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚓️" title="Anker" aria-label="Emoji: Anker">
The tendency to place excessive weight on one piece of information - used in sale prices a lot
2. Confirmation Bias https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙆‍♂️" title="Mann gestikuliert „OK“" aria-label="Emoji: Mann gestikuliert „OK“">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙅‍♂️" title="Mann gestikuliert „Nicht OK“" aria-label="Emoji: Mann gestikuliert „Nicht OK“">
The tendency to easily accept information that confirms your pov and reject information that does not support it
3. Dunning-Kruger Effect https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">
The tendency for incompetent people to overestimate their competence and vice-versa
4. Knowledge Bias https://abs.twimg.com/emoji/v2/... draggable="false" alt="🦧" title="Orang-Utan" aria-label="Emoji: Orang-Utan">
The tendency to avoid looking at an issue from the perspective of a less informed person.

Empathy is key
5. Functional Fixedness https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛠️" title="Hammer und Schraubenschlüssel" aria-label="Emoji: Hammer und Schraubenschlüssel">
The tendency to utilizing an object or idea in only the way it is used - i.e. Instagram is only used to show off your life
6. Mere Exposure Effect https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤩" title="Vom Star geblendet" aria-label="Emoji: Vom Star geblendet">
The tendency to like something just because you& #39;re familiar with it
7. Not Invented Here Bias https://abs.twimg.com/emoji/v2/... draggable="false" alt="🗺️" title="Weltkarte" aria-label="Emoji: Weltkarte">
The tendency to discount information, ideas, standards or products developed outside of a certain group
8. Reactance https://abs.twimg.com/emoji/v2/... draggable="false" alt="👺" title="Japanischer Kobold" aria-label="Emoji: Japanischer Kobold">
The tendency to do the opposite of what you want to do to preserve your freedom of choice
9. Survivorship Bias https://abs.twimg.com/emoji/v2/... draggable="false" alt="🍎" title="Roter Apfel" aria-label="Emoji: Roter Apfel">
The tendency to hate associate a certain action to the reason why someone became successful.

I.e. Steve Jobs only slept for x hours a day and he became a billionaire.
10. System Justification Bias https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤖" title="Robotergesicht" aria-label="Emoji: Robotergesicht">
The tendency to try to actively maintain the status quo. The classic "It& #39;s always been that way" doesn& #39;t mean its inherently right.

Stay woke fam.
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