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Browse & Filter Biases

Showing 187 biases.

Not Enough Meaning

We simplify probabilities and numbers to make them easier to think about

Normalcy bias

Description

A cognitive bias which leads people to disbelieve or minimize threat warnings.

Example 1:

Business leaders might ignore early signs of a significant market disruption or economic downturn, assuming things will continue as they always have.

Example 2:

Businesses in an area prone to natural disasters might underinvest in preparedness measures, assuming a major event "won't happen to us" despite historical data or warnings.

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