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Browse & Filter Biases

Showing 187 biases.

Not Enough Meaning

We project our current mindset and assumptions onto the past and future

Moral luck

Description

The phenomenon whereby an agent is assigned moral blame or praise for an action or its consequences even if it is clear that said agent did not have full control over either the action or its consequences.

Example 1:

A CEO is praised for record profits driven by a sudden, unexpected market boom (good luck), or blamed for losses due to an unforeseen global crisis (bad luck), despite limited control over these external events.

Example 2:

A CEO might be heavily praised for record profits that were largely due to favorable market conditions beyond their control, or heavily blamed for losses caused by unforeseen global events.

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