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A cognitive bias is a mental shortcut or heuristic intended to spare us time, effort, or discomfort—often while reinforcing our self-image or worldview—but at the cost of accuracy and reliability.
Irrational tendencies — including the hot hand, base-rate neglect and sunk cost fallacy — commonly show up in AI systems, ...
Heuristics or mental shortcuts help humans survive data overloads. Instead of aiming for zero-bias artificial intelligence ...
Cognitive biases are not necessarily caused by negative ... impression of the problem was even if it is not correct. Affect ...
Heuristics are psychological tendencies that often positively affect our decision-making processes. When these shortcuts lead to the wrong conclusions, they become cognitive biases. Behavioral ...
Enke, Benjamin, Uri Gneezy, Brian Hall, David Martin, Vadim Nelidov, Theo Offerman, and Jeroen van de Ven. "Cognitive Biases: Mistakes or Missing Stakes?" Harvard Business School Working Paper, No. 21 ...
These are fields of study within psychology, and they examine how variations in decision-making arise from heuristics (rules and habits that influence decision-making) and cognitive bias (errors that ...