1) Confirmation Bias - The confirmation bias is a tendency to seek information to prove, rather than disprove our theories…
2) Hindsight Bias - Known more commonly under “hindsight is 20/20“ this bias causes people to see past results as appearing more probable than they did initially…
3) Clustering Illusion - This is the tendency to see patterns where none actually exist…
4) Recency Effect - The recency effect is the tendency to give more weight to recent data…
5) Anchoring Bias - Anchoring is a well-known problem with negotiations. The first person to state a number will usually force the other person to give a new number based on the first…
6) Overconfidence Effect - Studies have shown that people tend to grossly overestimate their abilities and characteristics from where they should…
7) Fundamental Attribution Error - Mistaking personality and character traits for differences caused by situations…

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