Anchoring, biases, curse of knowledge: Mistakes that lead to inaccurate judgements at work
Social scientists study how cognitive bias or stereotyping impacts workplace behaviours.
By ET Bureau |
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Your judgements are influenced by what springs most easily to mind.
Everyone has his or her own worldview. But while interpreting or making judgements our brains are tuned in such a way that all of us are prone to making mistakes. Experts have identified more than 180 cognitive biases that warp the perception of what is real. Social scientists study how cognitive bias or stereotyping impacts workplace behaviours. This infographic — from School of Thought — lists 24 such mental mistakes that may lead to inaccurate judgements.
Anchoring The first thing you judge influences your judgement of all that follows.
Backfire effect When your core beliefs are challenged, it can cause you to believe even more strongly. Sunk cost fallacy You irrationally cling to things that have already cost you something.
Confirmation bias
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You favour things that confirm your existing beliefs.
Barnum effect You see personal specifics in vague statements by filling in the gaps.
Your preference for a just world makes you presume that it exists.
Availability heuristic
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Your judgements are influenced by what springs most easily to mind.
Dunning-kruger effect The more you know, the less confident you’re likely to be.
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Declinism You remember the past as better than it was, and expect the future to be worse than it will likely be.
Curse of knowledge Once you understand something you presume it to be obvious to everyone. Just world hypothesis Your preference for a just world makes you presume that it exists.
Framing effect You allow yourself to be unduly influenced by context and delivery.
In-group bias You unfairly favour those who belong to your group.
Fundamental attribution error You judge others on their character, but yourself on the situation.
You believe your failures are due to external factors, yet you’re personally responsible for your successes.
Placebo effect If you believe you’re taking medicine it can sometimes ‘work’ even if it’s fake. Halo effect How much you like someone, or how attractive they are, influences your other judgements of them.
Bystander effect You presume someone else is going to do something in an emergency situation.
Groupthink You let the social dynamics of a group situation override the best outcomes.
Self-serving bias You believe your failures are due to external factors, yet you’re personally responsible for your successes.
Reactance You’d rather do the opposite of what someone is trying to make you do.
Negativity bias You allow negative things to disproportionately influence your thinking.
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A recent study by Optum found that 46% of the Indian workforce reports suffering from some form of stress.
Don't let your busy and stressful worklife take a toll on you. Excessive stress can have a negative effect on your body, mood, as well as behaviour, ranging from headaches, anxiety, fatigue and irritability.
Dr Hariprasad, Ayurveda Expert at The Himalaya Drug Company, shares natural methods to cope with stress:
A recent study by Optum found that 46% of the Indian workforce reports suffering from some form of stress.Don't let your busy and stressful worklife take a toll on you. Excessive stress can have a ne..
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Herbs like Ashwagandha have been proven to be effective in managing the negative effects of stress. According to Ayurveda, Ashvagandha helps reduce the damaging effects of long-term stress by rejuven..
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Sleep is essential in stress management. Not getting enough sleep typically leads to irritability and fatigue. Oversleeping can make us sluggish, depressed, and puts our health at a higher risk. Getting the right amount of sleep, between 7-8 hours, is a good way to stay energised and effectively manage the challenges of the day.
(Text: IANS)
Sleep is essential in stress management. Not getting enough sleep typically leads to irritability and fatigue. Oversleeping can make us sluggish, depressed, and puts our health at a higher risk. Gett..
