Behavioral Biases Series

Framing Bias

framing bias, just one more of the many ways in which our brains are biased in the way we evaluate information.

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Availability Bias

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Self-attribution Bias

Self-attribution bias is a long-standing concept in psychology research and refers to individuals’ tendency to attribute successes to personal skills and failures to factors beyond their control.

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Outcome Bias

“Outcome bias refers to the tendency of individuals to decide to do something—such as make an investment in a mutual fund—based on the outcome of past events (such as returns of the past five years) rather than by observing the process

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Recency Bias

Recency bias occurs when people more prominently recall and emphasize recent events and observations than those in the near or distant past.

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Loss Aversion Bias

Win as if you were used to it, lose as if you enjoyed it for a change. —Ralph Waldo Emerson

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