My friend Carson Clark mentioned on Facebook a very interesting article on cognitive biases, written by George Dvorsky. At the beginning the author tries to clarify his terminology, saying that before proceding ‘it’s important to distinguish between cognitive biases and logical fallacies.
A logical fallacy is an error in logical argumentation (e.g. ad hominem attacks, slippery slopes, circular arguments, appeal to force, etc.).
A cognitive bias, on the other hand, is a genuine deficiency or limitation in our thinking — a flaw in judgment that arises from errors of memory, social attribution, and miscalculations (such as statistical errors or a false sense of probability).
Some social psychologists believe our cognitive biases help us process information more efficiently, especially in dangerous situations. Still, they lead us to make grave mistakes. We may be prone to such errors in judgment, but at least we can be aware of them.’
Here are the 12 cognitive biases in Dvorsky’s article:
1. confirmation bias
2. ingroup bias
3. gambler’s fallacy
4. post-purchase rationalisation
5. neglecting probability
6. observational selection bias
7. status quo bias
8. negativity bias
9. bandwagon effect
10. projection bias
11. current moment bias
12. anchoring effect
* * *
You may read HERE this article.
If this topic interests you, you may also read the article below.