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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:
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 .
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Recently, I was reading Rolf Dobell’’s The Art of Thinking Clearly, which made me think about cognitive biases in a way I never had before. For data scientists, these biases can really change ...
Thus, cognitive biases may sometimes lead to perceptual distortion, inaccurate judgment, illogical interpretation, or what is broadly called irrationality. Although it may seem like such misperceptions would be aberrations, biases can help humans find commonalities and shortcuts to assist in the navigation of common situations in life.
Illusion of validity is a cognitive bias in which a person overestimates their ability to interpret and predict accurately the outcome when analyzing a set of data, in particular when the data analyzed show a very consistent pattern—that is, when the data "tell" a coherent story. [1] [2]
It is widely believed to help overcome cognitive biases, though there is a lack of strong empirical evidence to support this belief. [2] Since the ACH requires the analyst to construct a matrix, the evidence and hypotheses can be backtracked. This allows the decisionmaker or other analysts to see the sequence of rules and data that led to the ...
The bias blind spot is the cognitive bias of recognizing the impact of biases on the judgment of others, while failing to see the impact of biases on one's own judgment. [1] The term was created by Emily Pronin, a social psychologist from Princeton University 's Department of Psychology , with colleagues Daniel Lin and Lee Ross .