Heuristics

Heuristics

Mental shortcuts or rules of thumb that simplify decision-making processes.

Algorithms

Step-by-step procedures for solving problems or making decisions.

Decision-making skills

The ability to make choices effectively and efficiently, often utilizing heuristics or algorithms to evaluate options and outcomes.

Cognitive Bias

a systematic error in thinking that occurs when people process and interpret information in their surroundings, influencing their decisions and judgments.

Confirmation Bias

when you look for what you want to confirm

Hindsight Bias

the tendency to see events as having been predictable after they have already occurred, leading to an overestimation of one's ability to have foreseen the outcome.

Representative Bias

the tendency to judge the probability of an event based on how similar it is to a prototype, often leading to errors in judgment.

Avaliability Bias

the tendency to rely on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision, often leading to skewed perceptions of frequency or probability.