rolling vocab

bandwagon effect

 the tendency to make decisions on the basis of the majority opinion

clustering illusion

the tendency to perceive patterns where no pattern exists

confirmation bias

the tendency to view information in a way that validates our existing opinions and beliefs

framing bias

when an individual presents two options that are described in different terms

gambler’s fallacy

the tendency to believe that the results of a random event will affect the probability of future outcomes

halo effect

the tendency to attribute multiple desirable traits to an individual after being exposed to a person who has one positive quality

illusory superiority

the tendency to view oneself as superior to others

self-serving bias

the tendency to claim an undue amount of credit for a positive situation or an inadequate amount of blame for a negative condition

syllogism

a deductive argument composed of two premises (major and minor) and a conclusion in which the conclusion is a logical consequence of the premises

wishful thinking

the tendency to form conclusions based on idealized imagined outcomes rather than objectively examining the evidence at hand