Do you think you are rational? Are you sure that you often make the best decision? Do you feel that your reasoning is superior to that of others? Do you regret some acts and wish you had thought more before committing them? You are, like all human beings, a victim of your cognitive biases.
What is cognitive bias?
Cognition is the mental process of understanding and acquiring knowledge. Cognitive bias is an unconscious cognitive process in human psychology that makes us prone to errors in our reasoning and judgment. It is the gap between rational thinking and our actual way of thinking.
There exists a lot of biases that affect our interaction with the world; we seek pattern in everything even if there is none, we confuse correlation with causality, we hire people who are similar to us, we don’t react the same way to the same information if framed differently, we don’t understand why the opposite side don’t see the ‘truth’, we overestimate our knowledge, etc.
Cognitive biases are an important cause of many catastrophes and tragedies in business, politics, relationships and everyday life. Outsmarting our cognitive biases is key to good decision making and critical thinking.
A New Blog Post Series “Outsmart your Biases”
Outsmart your biases is a forthcoming series of posts that will discuss some of the major cognitive biases, illustrated with examples; the confirmation bias, the availability heuristic, the Dunning-Kruger effect, the planning fallacy, the halo effect and more. In this series, you will find mental tricks and processes that you can use to outsmart these biases and become a better decision-maker. Stay tuned!