Behavioral Biases Series
Hindsight Bias
The hindsight bias refers to a person's belief and tendency of having predicted the outcome of an event when, in reality, there was no sure way of knowing the outcome.
3 min
Behavioral Biases Series
The illusion of control bias
The illusion of control bias, another form of dissonant behavior, describes the tendency of human beings to believe that they can control or at least influence outcomes when, in fact, they cannot.
3 min
Behavioral Biases Series
Representativeness Bias
A company might announce a string of great quarterly earnings. As a result, you assume the next earnings announcement will probably be great, too.
3 min
Behavioral Biases Series
Confirmation Bias
According to an article in Psychology Today by Shahram Heshmat Ph.D., “Confirmation bias occurs from the direct influence of desire on beliefs.
2 min
Behavioral Biases Series
Cognitive Biases
3 min
Behavioral Biases Series
Let's begin our discovery of behavioral biases by defining what a bias is:
2 min