Cognitive distortions, unconscious bias, cognitive bias, implicit bias, logical fallacies: you probably heard most or all of these terms. They can get really confusing if you don’t know the difference ...
At birth, our minds are like blank sponges ready to absorb new information. Then, as we grow up, we may start to let some of what we’ve learned mess with how we take on new information. This is known ...
View the high resolution version of today’s graphic by clicking here. The human brain is capable of incredible things, but it’s also extremely flawed at times. Science has shown that we tend to make ...
Day one of the healthcare strategy course I teach in the Stanford Graduate School of Business begins with this question: “Who here receives excellent medical care?” Most of the students raise their ...
When you come across articles about human decision-making, whether in the popular press or scientific literature, the probability is high that the expression "cognitive bias" is likely to be used. In ...
A cognitive bias is a systematic error in thinking that can cause us to make faulty decisions. As much as we would like to believe our decisions to be logical and ...
The task of being an effective leader is a difficult one. All the real work of organizations gets done through people, individually or collectively, on their own or in collaboration with technology.
Your brain can be your worst enemy in trading. You like to think you’re rational and objective about every decision, but that isn’t true. Here’s the problem: Your attention is limited in an ...
View the full episode transcript. Teachers are tasked with making countless decisions every day, and some of those decisions happen quickly because they are rooted in bias. While bias is everywhere, ...
Opinions expressed by Entrepreneur contributors are their own. Are you a trader looking to improve your trading skills and increase your profits? Did you know that cognitive biases can have a ...
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