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Hindsight bias is more likely to occur when the outcome of an event is negative rather than positive. [14] This is a phenomenon consistent with the general tendency for people to pay more attention to negative outcomes of events than positive outcomes.
Hindsight bias: Sometimes called the "I-knew-it-all-along" effect, or the "Hindsight is 20/20" effect, is the tendency to see past events as having been predictable [99] before they happened. Impact bias: The tendency to overestimate the length or the intensity of the impact of future feeling states. [47] Information bias
The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The term is based on a Latin expression which presumed that black swans did not exist. The expression was used until ...
While similar to the hindsight bias, the two phenomena are markedly different. Hindsight bias focuses on memory distortion to favor the actor, while the outcome bias focuses exclusively on weighting the outcome heavier than other pieces of information in deciding if a past decision was correct.
The illusory truth effect has also been linked to hindsight bias, in which the recollection of confidence is skewed after the truth has been received. In a 2015 study, researchers discovered that familiarity can overpower rationality and that repetitively hearing that a certain statement is wrong can paradoxically cause it to feel right. [ 4 ]
Brody Jenner says Caitlyn Jenner has apologized for “not being there” when Brody was growing up. “Just recently, I got a real, sincere apology,” Brody, 41, said of Caitlyn, 75, in the ...
Retrocognition (also known as postcognition or hindsight [1]), from the Latin retro meaning "backward, behind" and cognition meaning "knowing," describes "knowledge of a past event which could not have been learned or inferred by normal means." [2] The term was coined by Frederic W. H. Myers. [3]
The spangram describes the puzzle’s theme and touches two opposite sides of the board. It may be two words. The spangram highlights in yellow when found. An example spangram with corresponding ...