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Egocentric bias is the tendency to rely too heavily on one's own perspective and/or have a different perception of oneself relative to others. [34] The following are forms of egocentric bias: Bias blind spot, the tendency to see oneself as less biased than other people, or to be able to identify more cognitive biases in others than in oneself. [35]
Cognitive bias mitigation and cognitive bias modification are forms of debiasing specifically applicable to cognitive biases and their effects. Reference class forecasting is a method for systematically debiasing estimates and decisions, based on what Daniel Kahneman has dubbed the outside view .
Unconscious cognitive bias (including confirmation bias) in job recruitment affects hiring decisions and can potentially prohibit a diverse and inclusive workplace. There are a variety of unconscious biases that affects recruitment decisions but confirmation bias is one of the major ones, especially during the interview stage. [ 134 ]
Experts say we all have some bias, but there are ways to fight against it. ... The first step is being able to identify examples of implicit bias in everyday life—and then being aware of your ...
An increasing number of academic and professional disciplines are identifying means of cognitive bias mitigation. What follows is a characterization of the assumptions, theories, methods and results, in disciplines concerned with the efficacy of human reasoning, that plausibly bear on a theory and/or practice of cognitive bias mitigation.
Recent research on attribution biases has focused on identifying specific types of these biases and their effect on people's behavior. [7] [21] Additionally, some psychologists have taken an applied approach and demonstrated how these biases can be understood in real-world contexts (e.g., the workplace or school).
Examples of some of the cognitive biases used by depressed individuals, according to cognitive theories including Beck's cognitive model. People with depression may be taught how to identify and alter these biases as part of Cognitive Behavioural Therapy.
Identifying it and enlisting the help of a financial adviser or technological tool could help to take the cognitive bias out of investment decision-making and, hopefully, result in better returns.