Browse & Filter Biases

Showing 187 biases.

Need To Act Fast

We favor simple–looking options and complete information over complex, ambiguous options

Law of Triviality

Description

(Same as Bike-shedding effect) Argues that members of an organization give disproportionate weight to trivial issues.

Law of Triviality in business decision

During a strategic planning meeting, executives might focus extensively on minor wording changes in the mission statement rather than addressing fundamental strategic challenges.

Law of Triviality in personal life decision

You worry more about choosing paint colour for your room than on whether you can afford the house.