Type of phenomenon separates effects that are adaptive from those that are simply errors. Wikipedia notes that "cognitive biases may initially appear to be negative, some are adaptive," since a quick judgment can sometimes be more useful than a perfectly accurate one. This grouping lets a visitor tell a helpful mental shortcut apart from a genuine distortion.
Facts
Comparison
Originating WorkJudgment Under Uncertainty: Heuristics and Biases (Tversky and Kahneman, Science, 1974) 1 Type of Phenomenon
Sources
1. Wikipedia: Heuristics in Judgment and Decision-Making
Wikimedia FoundationHeuristics in judgment and decision-making, Tversky and Kahneman section, overconfidence clusterQuote, Heuristics in judgment and decision-making, Tversky and Kahneman section, overconfidence cluster
This research, called the heuristics-and-biases program, challenged the idea that human beings are rational actors and first gained worldwide attention in 1974 with the Science paper "Judgment Under Uncertainty: Heuristics and Biases".
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