What Is Outcome Bias Definition And Example Guide To Cognitive Everything you need to know about the outcome bias definition, examples, research, and more.full article: mycognitivebiases outcome bias. What is cognitive bias? types & examples.
What Is Outcome Bias Definition And Example Understanding Outcome bias is a cognitive bias that occurs when people judge a decision based on its outcome rather than its quality. it is a form of hindsight bias, where people tend to overestimate the accuracy of their predictions after the fact. outcome bias can lead to poor decision making and can have a negative effect on an individual’s ability to. For example, let's say you're walking home alone at night and suddenly hear a strange sound behind you. a cognitive bias may cause you to believe the noise is a sign of danger. as a result, you’ll quicken your pace so that you can get home as soon as possible. of course, the noise may not have come from someone who means to harm you. What is cognitive bias? 7 examples & resources (incl. Outcome bias refers to the tendency to judge a decision or action based on its outcome rather than on the quality of the decision itself, given the information that was available at the time. this cognitive bias occurs when people evaluate the correctness or success of a decision based on its eventual result, rather than considering whether the.
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