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Tendency of being too

optimistic about our


decisions on factual
questions being correct.
Tendency to fixate on
Tendency to believe falsely, after initial information and fail
the outcome is known, that we
Overconfiden
to adequately adjust for
do have accurately predicted it.
ce biases
subsequent information.

Hindsight Anchoring
Bias biases

A specific case of selective


Tendency to prefer a sure perception.
thing over a risky outcome.
8 common
Risk biases in Confirmatio
Aversion Decision n biases
Making

Tendency to believe we Tendency to base


can predict the outcome of judgments on information
random events. that is readily available.
This refers to staying with a
Randomnes decision even when there is Availability
s Error clear evidence its wrong.

Escalation
of
Commitme
nt

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