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

Illusion of control

Description

The tendency for people to overestimate their ability to control events.

Illusion of control in business decision

An investor might believe their specific trading rituals or routines directly influence stock market performance, even though market movements are largely outside their control.

Illusion of control in personal life decision

You roll dice gently, thinking you can influence the outcome.