What are some common biases that affect decision-making?

What are some common biases that affect decision-making?

Some common biases include confirmation bias, anchoring bias, and availability heuristic. Would you like to know more about any specific one?

Can you explain confirmation bias?

Confirmation bias is the tendency to search for, interpret, and remember information that confirms one's preexisting beliefs. It can lead to poor decision-making.

How can we reduce the impact of these biases?

To reduce biases, one can seek diverse perspectives, question assumptions, and use structured decision-making processes.

Are there tools or techniques to help with this?

Yes, techniques like the 'Six Thinking Hats' method or decision matrices can help in evaluating options more objectively.