Cognitive bias = A?cognitive bias?is a mistake in reasoning, evaluating, remembering, or other?cognitive?process, often?occurring as a result of holding onto one’s preferences and beliefs regardless of contrary information. Psychologists study?cognitive biases?as they relate to memory, reasoning, and decision-making.
I love this Cognitive bias flow chart that breaks down our cognitive errors into four parts. Collectively, the four parts are the closest to perfection I have seen when it comes to explaining Cognitive bias.
Within our universe there are four main implicit qualities that limits our individual thought process along with the intelligence of every other thinking person on this Planet. There are a listed 188 known Cognitive biases and these are our attempts to work around our own implicit qualities.
1st challenge: there?s too much information
The 1st challenge is there is a vast amount of information in the universe, far more than any individual within the universe to process it all.?
2nd challenge: not enough?meaning
The second test is that the way toward transforming crude data into something significant requires drawing an obvious conclusion regarding the constrained data that is made it to you and the inventory of mental models, convictions, images, and affiliations that you’ve put away from past encounters. Interfacing spots is an uncertain and subjective process, bringing about a story that is a mix of new and old data. Your new stories are being worked out of the blocks of your old stories, thus will dependably have a trace of past characteristics and surfaces that might not have really been there.
3rd challenge: not enough time & resources
The third challenge is that there sufficiently isn’t time at the time/day/lifetime to altogether consider and break down all potential outcomes to ensure we’re settling on the correct choices and taking the correct activities. Notwithstanding choosing what you ought to have for lunch would take longer than the rest of the life of the universe in the event that you really viewed as the greater part of your choices.
4th challenge: what should we remember?
The fourth challenge is that there isn’t sufficient space in our brains, or in the greater part of the issue in the universe, to store all the crude data, every one of the images and stories, and the greater part of the past choices that we’ve made. We must be key about what we recall, and what we let slide retreat from our psyches. We can attempt to sum up, or recognize designs, to spare some space, however those make issues of their own.
SC