These are the biases, fallacies that hinders/interferes while making decisions.
Confirmation bias: the tendency to seek out information that supports our existing beliefs and ignore information that contradicts them.
Hindsight bias: the belief, after an event has occurred, that we would have accurately predicted its outcome.
Availability bias: the tendency to rely on information that is readily available or easily remembered, rather than considering all relevant information.
Anchoring bias: the tendency to rely too heavily on the first piece of information encountered when making decisions.
Sunk cost fallacy: the belief that we must continue a behavior or investment because of the resources already committed, even if it no longer makes rational sense.
Overconfidence bias: the tendency to overestimate our own abilities and the accuracy of our beliefs and predictions.
Self-serving bias: the tendency to attribute success to our own abilities and efforts, while attributing failure to external factors.
Negativity bias: the tendency to give more weight to negative information and events than to positive ones.
Framing effect: the way in which the way information is presented can influence our interpretation and decision-making.
The Dunning-Kruger effect: the tendency for people with low ability in a particular domain to overestimate their ability.
The bandwagon effect: the tendency to do or believe something because many other people are doing or believing it.
The illusion of control: the belief that we have more control over events than we actually do.
The just-world bias: the belief that the world is just and that people get what they deserve, which can lead to blaming victims for their own misfortunes.
The fundamental attribution error: the tendency to overemphasize dispositional (internal) explanations for other people's behavior and to underestimate situational (external) explanations.
The false consensus effect: the tendency to overestimate the degree to which others share our beliefs and behaviors.
The false uniqueness effect: the tendency to underestimate the degree to which others share our abilities and experiences.
The false memory effect: the creation of false memories through suggestion or the misinterpretation of information.
The negativity bias in memory: the tendency for negative events to be remembered more strongly and persistently than positive events.
The Ikea effect: the tendency to place a higher value on objects that we have assembled ourselves.
The bystander effect: the tendency for individuals to be less likely to offer help in an emergency situation when others are present.
The halo effect: the tendency to make a general positive judgment of a person based on a single favorable characteristic.
That's the end of the list. Please comment if you have any queries regarding the content.
