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Posts tagged bias
6 Ways to Stop Gambler’s Fallacy From Hurting Your Career

We all have cognitive biases -- errors or faults in the shortcuts our brains take when processing information and making decisions.

Understanding these common biases, especially if they are particularly common in your thought patterns, can help you develop strategies to minimize bias and improve the quality of your decisions.

In this article, we’ll tackle gambler’s fallacy, which sometimes sounds like this: “I’ve had so much bad luck lately that things are bound to turn around.”

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20 Cognitive Biases That Affect Your Decision-Making

There are three parts of the mind: cognitive, conative, and affective. The cognitive part of your mind does the majority of the thinking, which includes your knowledge, reason, skills, experience, education, and IQ. Although all three parts of the mind are used in the process of decision-making, according to Business Insider, there are 20 cognitive biases that can have a negative impact on your decision-making.

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