How do biases affect our decisions?
An example of an AI chatbot conversation about how biases influence decision-making.
Can you explain how biases impact our daily decisions?
Sure! Biases are mental shortcuts that can lead to irrational decisions. They affect how we perceive information and make choices.
What are some common types of biases we encounter?
Some common biases include confirmation bias, anchoring bias, and availability heuristic. Each affects our judgment in different ways.
How can we reduce the influence of biases in our decision-making?
We can reduce biases by being aware of them, seeking diverse perspectives, and taking time to analyze our choices critically.
Can you give an example of a bias affecting a major decision?
Certainly! For instance, confirmation bias can lead investors to only seek information that supports their existing beliefs about a stock.
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