Pocket Biases

A bias a day keeps our hubris away. Run by @buster.

[Pocket Biases @pocketbiases]

EGOCENTRIC BIAS
We sometimes rely too heavily on our own perspective and have a higher opinion of ourselves than we'd have about someone else that was exactly like us.

❤️ Helps make sense
🎱 Treat experience as reality

https://t.co/9DGH4rFG7m

[Pocket Biases @pocketbiases]

EFFORT JUSTIFICATION
When we work for something, we end up valuing it more. Some people also refer to this as the IKEA effect.

🖐 Helps get things done
🐢 Stick with it

https://t.co/XiUKdKfv3x

[Pocket Biases @pocketbiases]

DURATION NEGLECT
When enduring a difficult situation, the duration of the difficult situation matters less to us than the peak and the end of the situation.

🧠 Helps filter information
💥 Seek take-aways

https://t.co/x4SvqM4QUO

[Pocket Biases @pocketbiases]

DUNNING-KRUGER EFFECT
Our tendency for those with low ability at a task to overestimate their ability more than people who have higher ability.

❤️ Helps make sense
⚔️ Be overconfident

https://t.co/rLFTF3Ipec

[Pocket Biases @pocketbiases]

DISTINCTION BIAS
If we evaluate two things one right after the other, we’ll evaluate them as more distinct from one another than if they were evaluated separately.

🧠 Helps filter information
🌘 Notice novelty

https://t.co/ZFm9OmWg7J

[Pocket Biases @pocketbiases]

DISPOSITION EFFECT
The tendency to hold onto investments that are doing well and sell those that aren't doing well. Sell low, buy high.

🖐 Helps get things done
🐢 Stick with it

https://t.co/V6ztmV9Xm0

[Pocket Biases @pocketbiases]

DENOMINATION EFFECT
We're less likely to spend cash that is in large denominations than small, even if the amount is the same.

❤️ Helps make sense
🧮 Simplify mental math

https://t.co/EuC5KWSLxv

[Pocket Biases @pocketbiases]

DEFENSIVE ATTRIBUTION HYPOTHESIS
When something bad happens to someone else we come up with reasons why that would never happen to us (and why it did happen to them). This makes us feel safer.

❤️ Helps make sense
🧸 Favor the familiar

https://t.co/mip6JLuCZh

[Pocket Biases @pocketbiases]

DECOY EFFECT
If we're comparing things, and then a new bad option is added to the mix, we might shift our preference to the option that is the furthest from the new bad option. It's like a reverse anchor.

🧠 Helps filter information
🌘 Notice novelty

https://t.co/jRPoiHjQdh

[Pocket Biases @pocketbiases]

DECLINISM
A tendency to generally view the past more favorably and the future more negatively. Every generation thinks the next generation is ruining everything.

❤️ Helps make sense
🧸 Favor the familiar

https://t.co/ejK7AKvfYo

[Pocket Biases @pocketbiases]

CURSE OF KNOWLEDGE
When you assume that everyone you're talking to has the same understanding of things that you do.

❤️ Helps make sense
🎱 Treat experience as reality

https://t.co/IQUIdc8I9u

[Pocket Biases @pocketbiases]

CUE-DEPENDENT FORGETTING
Sometimes we can't retrieve a memory or other information because we can't remember the context, or cue, that is required to pull it up.

🧠 Helps filter information
⚡️ Accept what comes to mind

https://t.co/hlD0eq201H

[Pocket Biases @pocketbiases]

CRYPTOMNESIA
We sometimes think we've come up with something new and original when really it was a forgotten memory that returned without it being recognized.

🧠 Helps filter information
⚡️ Accept what comes to mind

https://t.co/XdDKkmttS7

[Pocket Biases @pocketbiases]

CROSS-RACE EFFECT
The tendency to more easily recognize faces of the race that one is most familiar with (which is most often one's own race).

❤️ Helps make sense
🧸 Favor the familiar

https://t.co/mq3g47mwQn

[Pocket Biases @pocketbiases]

CONTRAST EFFECT
When two things are next to each other or come right after one another, we perceive an exaggeration of the differences between them.

🧠 Helps filter information
🌘 Notice novelty

https://t.co/s1UIe2DK3x

[Pocket Biases @pocketbiases]

CONTINUED INFLUENCE EFFECT
Even after we learn that something is incorrect, parts of the belief still remain intact.

❤️ Helps make sense
🧸 Favor the familiar

https://t.co/LUjphJ9JlH

[Pocket Biases @pocketbiases]

CONSERVATISM
We don't revise our past beliefs quite enough when presented with new evidence that contradicts it. Also called continued influence effect.

❤️ Helps make sense
🧸 Favor the familiar

https://t.co/QK8m72EMbB

[Pocket Biases @pocketbiases]

CONJUNCTION FALLACY
We'll sometimes guess that specific conditions are more probable than a single general one, especially if the specific conditions confirm our assumptions.

❤️ Helps make sense
🔮 Fill in gaps

https://t.co/dFje7ls7eP

[Pocket Biases @pocketbiases]

CONGRUENCE BIAS
Similar to confirmation bias, but applied to scientific experiments. We tend to only design experiments to confirm our hypotheses.

🖐 Helps get things done
🦏 Protect existing beliefs

https://t.co/WPnmjdnuQC

[Pocket Biases @pocketbiases]

@mrcodella Oops, I missed these. I’ll look into them today and see how they might fit in.