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Showing 187 biases.

Not Enough Meaning

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

Telescoping effect

Description

The tendency to displace recent events backward in time and remote events forward in time.

Telescoping effect in business decision

When planning a project, a manager might remember a similar past project as being more recent than it was (backward telescoping) or an older project as less distant (forward telescoping), affecting time estimates.

Telescoping effect in personal life decision

Events from a year ago feel like they happened recently, while recent events feel more distant.