DALL·E 2023-04-01 15.12.19 – What is bias blindspot river finance rohit sharma
Month: April 2023
What is bandwagon effect?
The bandwagon effect is a cognitive bias that causes people to do something because they see that others are doing it. It is a form of social influence that can affect many…
What is backfire effect ?
The backfire effect is a cognitive bias that causes people to reject evidence that challenges their beliefs, and to strengthen their support of their original stance. This means that showing people facts…
What is the Anchoring Effect ?
What is the Anchoring Effect? The anchoring effect is a cognitive bias that influences how we make decisions based on the first piece of information we receive. This information, known as the…