What are some common cognitive biases we encounter in daily life?

What are some common cognitive biases we encounter in daily life?

Common cognitive biases include confirmation bias, anchoring, 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 our preexisting beliefs. It can lead to poor decision-making.

How does anchoring affect our choices?

Anchoring occurs when we rely too heavily on the first piece of information we encounter. For example, if the first price we see for a product is high, we might perceive subsequent prices as lower, even if they are still expensive.

What can we do to minimize these biases?

To minimize cognitive biases, we can seek diverse perspectives, question our assumptions, and practice critical thinking.