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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 .
Kahneman writes of a "pervasive optimistic bias", which "may well be the most significant of the cognitive biases." This bias generates the illusion of control: the illusion that we have substantial control of our lives. A natural experiment reveals the prevalence of one kind of unwarranted optimism.
Kahneman became known as the "grandfather of behavioral economics." [2] [3] [4] With Amos Tversky and others, Kahneman established a cognitive basis for common human errors that arise from heuristics and biases, and developed prospect theory. In 2011, Kahneman was named by Foreign Policy magazine in its list of top global thinkers. [5]
Dr. Daniel Kahneman, winner of the 2002 Nobel Prize in economics, joins us to discuss his book, Thinking, Fast and Slow, and how different systems of thought can affect our judgment when making ...
Kahneman, Sibony and Sunstein argue that noise in human judgment is a thoroughly prevalent and insufficiently addressed problem in matters of judgment. They write that noise arises because of factors such as cognitive biases, mood, group dynamics and emotional reactions.
In psychology and cognitive science, a memory bias is a cognitive bias that either enhances or impairs the recall of a memory (either the chances that the memory will be recalled at all, or the amount of time it takes for it to be recalled, or both), or that alters the content of a reported memory. There are many types of memory bias, including:
In this clip, Kahneman and I discuss how overconfidence affects everyone, and what role it. Last month I interviewed psychologist Daniel Kahneman, who won the Nobel Prize in economics in 2002 and ...
Last month, I interviewed psychologist Daniel Kahneman, who won the Nobel Prize in economics in 2002 and recently authored the book Thinking, Fast and Slow. Kahneman has been a pioneer in the ...