knowledge.txt

Confirmation Bias: The tendency to seek, interpret, and remember information in a way that confirms one’s preexisting beliefs.
Availability Bias: The tendency to overestimate the likelihood of events based on how easily examples come to mind.
Representativeness Bias: The tendency to judge the probability of an event based on how similar it is to a prototype, rather than actual statistical probability.
Endowment Effect: The tendency to value something more highly simply because one owns it.
Blind Spot Bias: The tendency to see oneself as less biased than others.
Opportunity Cost Neglect: The tendency to ignore or undervalue the benefits of the best alternative foregone when making a decision.
Anchoring Bias: The tendency to rely too heavily on the first piece of information encountered (the "anchor") when making decisions.
Correspondence Bias: The tendency to assume that others' actions reflect their personality rather than external situational factors.
Fundamental Attribution Error: The tendency to overemphasize personal characteristics and ignore situational factors when judging others’ behavior.
Omission Bias: The tendency to judge harmful actions as worse than equally harmful inactions.
Commission Bias: The tendency to favor action over inaction, even when doing nothing would lead to a better outcome.
Optimism Bias: The tendency to believe that one is less likely to experience negative events and more likely to experience positive events than others.
Status Quo Bias: The tendency to prefer things to remain the same rather than change.