Browse & Filter Biases

Showing 187 biases.

Need To Act Fast

To act, we must be confident we can make an impact and feel what we do is important

Hard–easy effect

Description

A cognitive bias that manifests as overconfidence on hard tasks and underconfidence on easy tasks.

Hard–easy effect in business decision

An employee might be overly confident in their ability to complete a complex, unfamiliar project task, but underconfident about a simple, routine task, leading to misallocation of effort.

Hard–easy effect in personal life decision

You underestimate the difficulty of a challenging task (e.g., learning a new language) and overestimate success at an easy one.