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Cognitive Biases that Can Affect Decision-Making

February 13, 2018 By Content Geek Leave a Comment

Even the most open-minded people have some degree of bias. There are many types of cognitive biases, all of which can affect decision-making. Business Insider made this infographic illustrating 20 different cognitive biases. These include anchoring bias; availability heuristic; bandwagon effect; blind-spot bias; choice-supportive bias; clustering illusion; confirmation bias; conservatism bias; information bias; ostrich effect; outcome bias; overconfidence; placebo effect; pro-innovation bias; recency; salience; selective perception; stereotyping; survivorship bias; and zero-risk bias. The infographic explains what each type of bias is and how it can play into real life. Each bias is also accompanied by an illustration for visual interest.

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