Tag: Anchoring Bias
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WYSIATI – What You See Is All There Is
The principle of WYSIATI highlights humanity’s propensity to draw conclusions from visible data while neglecting what might be omitted. Originally identified by Daniel Kahneman, this cognitive bias has significant ramifications across various fields, from politics to finance.
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Cognitive Bias
Cognitive biases, prevalent yet often unnoticed, shape decision-making processes. These systematic thinking errors—confirmation bias, hindsight bias, and more—affect individual choices, societal views, and interpersonal relationships. Strategies for minimizing their influence are part of a complex cognitive landscape.