psychology

Actor Observer Bias

A Deep Dive into the Actor Observer Bias: Spotlight on Perception

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Introduction Defining Actor Observer Bias The actor observer bias is a well-known psychological phenomenon pertaining to attribution, which is how people explain causes for behavior. Specifically, this bias highlights a tendency to attribute one’s own actions to situational or external factors, while attributing others’ behaviors to their intrinsic characteristics or internal factors. We have created …

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Affect Heuristics

Affect Heuristics: Exploring Your Mind for a Powerful Decision

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 Introduction Defining Affect Heuristic In the fascinating world of Behavioral Economics, the concept of Affect Heuristics stands as a testament to the intricate interplay between our emotions and decision-making processes. This psychological heuristic, a key concept within Cognitive Psychology, offers a compelling lens through which we can understand how our emotional bias influences our choices. …

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Anchoring Bias

Understanding Anchoring Bias: A Comprehensive Overview

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Introduction Defining Anchoring Bias Anchoring Bias is a cognitive bias that influences our decision-making process. It refers to our tendency to rely heavily on the first piece of information we encounter (the ‘anchor’) when making decisions. This initial information sets a mental benchmark that can significantly influence subsequent judgments and decisions. We have published a …

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Ambiguity Effect

The Ambiguity Effect: Navigating Uncertainty in Decision Making

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Introduction Ambiguity Effect: Every day, we are faced with a myriad of decisions. Some are trivial, like choosing what to wear, while others are more consequential, such as deciding on a career path or making a significant investment. This is where the Ambiguity Effect, a well-documented cognitive bias, comes into play. One of the factors …

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Bias

List of 125 Most common Bias and Fallacy (And Rare Ones too)

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Introduction Biases and fallacies are two closely related concepts that play a significant role in our decision-making processes, thought patterns, and overall cognition. Understanding them can provide deeper insights into human behavior and can aid in fostering more rational, effective thinking. Biases are systematic errors in thinking that affect the decisions and judgments that people …

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Social Darwinism: An Overview of Its Origins, Impacts, and Legacy: Comprehensive Overview

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Social Darwinism is a theory that emerged in the 19th century and sought to apply the principles of Darwinism to human societies. This theory posits that certain groups of people are inherently superior to others and that society should be structured to reward the strongest and most successful individuals. While Social Darwinism is often associated …

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What are cohort Effects and How do they Impact Us- A Comprehensive Overview

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What are Cohort Effects? Cohort effects refer to the influence of a person’s birth year or generation on their behavior, attitudes, and experiences. These effects can be significant in management because they can affect how individuals within a company communicate, work, and interact with one another. For example, individuals who grew up in different time …

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Dialectical Inquiry: An Ultimate Group Decision-Making Technique

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Introduction Dialectical inquiry is a group decision-making technique where the whole group collaborates to develop a plan of action and a solution. A group can decide something based on the strengths and weaknesses of their ideas, the strengths, and weaknesses of the situation itself, or both. This article provides examples of how dialectical inquiry might …

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The Behavioral Observation Scale (BOS) in recruitment- A Comprehensive Guide

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What is behavioral observation scale? A behavioral observation scale is a useful tool for conducting observations of behavior. It has some limitations, though. For example, it is difficult to use in large companies due to potential bias. Therefore, the use of this tool requires extensive background education and the involvement of company employees. Nevertheless, it …

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