Law of Small Numbers: A Deceptive Cognitive Bias

Law of Small Numbers: A Deceptive Cognitive Bias

What is the law of small numbers? How does ignoring it lead to biased decision-making? The law of small numbers is the bias of making generalizations from a small sample size. In truth, the smaller your sample size, the more likely you are to have extreme results. If you’re not aware of this principle, when you have small sample sizes, you may be misled by outliers. We’ll cover two examples of the law of small numbers in action and how to use your awareness of it to make better decisions.

Priming: 9 Examples of the Power of Your Subconscious

Shape Your Thoughts to Shape Your Reality

What is the meaning of “priming” in psychology? How does priming work? When is it useful? Why is it controversial? Priming is a technique based on the theory that when an idea is triggered, its associations can cause you to behave in a meaningfully different way without your consciously realizing it. The concept of priming takes the idea of association beyond mere thought, to the functional level. We’ll cover what priming is, how it’s used, and why it’s controversial.

Narrow Framing: One Way You Make Bad Decisions

Narrow Framing: One Way You Make Bad Decisions

What is narrow framing? Does it help or hinder our decision-making process? Narrow framing is when you focus on the details at the expense of the big picture. Narrow framing can hurt your decision-making skills because it keeps you from seeing your choices in context. We’ll cover what narrow framing is, how it differs from broad framing, and how to counter narrow framing in your everyday life.

Regression Toward the Mean: 7 Real-World Examples

Regression Toward the Mean: 7 Real-World Examples

What does “regression toward the mean” mean in psychology? How does it apply to everyday life? Regression toward the mean refers to the principle that, over repeated sampling periods, outliers tend to revert to the mean. High performers show disappointing results when they fail to continue delivering; strugglers show sudden improvement. We’ll cover what it means to regress toward the mean in psychology, 7 examples of regression toward the mean, and how to counter biases related to this phenomenon.

Guide to the Representative Heuristic: Definition, Examples

Guide to the Representative Heuristic: Definition, Examples

What does “representativeness” mean in psychology? What are examples of representativeness heuristics? The representative heuristic is when you organize objects by their similarities and categorize them around a prototype. The representativeness heuristic describes when we estimate the likelihood of an event by comparing it to an existing prototype in our minds. We’ll go more in depth into the above representative heuristic definition and cover multiple representative heuristic examples in psychology.

Cognitive Ease: What It Is (And How To Increase It)

Cognitive Ease: What It Is (And How To Increase It)

What is cognitive ease? What is it good for, and when does it hinder you? Cognitive ease is an internal measure of how easy or strained your cognitive load is. In a state of cognitive ease, you’re probably in a good mood, believe what you hear, trust your intuitions, feel the situation is familiar, are more creative, and are superficial in your thinking. We’ll cover the properties of cognitive ease and how to use the concept to get your point across and convince others of its truth.

2 Classic Conjunction Fallacy Examples, Explained

2 Classic Conjunction Fallacy Examples, Explained

What is the conjunction fallacy? How can you avoid it? Conjunction fallacy is the belief that the conjunction of two events happening is more probable than one happening. Often, extra details that create a coherent story make the events in that story seem more probable, even though the extra conditions needing to be met make the conjunction less probable. The best way to illustrate this is with a conjunction fallacy example. We’ll cover two examples of the conjunction fallacy and how to counter this bias.