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Cognitive Biases

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Define the major types and sources of cognitive biases.
1-Cognitive Dissonance.
2-Illusion of Control.
3-Frequency and Representativeness.
4-Projection and Ego-Defensiveness
5-Escalation of Commitment

What are the primary effects of cognitive biases? hide problem

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Solution Summary

The solution defines the different types of cognitive biases.

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First, let's do the definitions:

1-Cognitive Dissonance.
This is the uncomfort caused by aa person holding conflicting views, or caused by a discrepancy between a persons views/attitudes and their actions.

2-Illusion of Control.
The belief that one can control the outcome of an event/situation when in fact, they cannot.

3-Frequency and Representativeness.
Frequency is where people base the frequency of an event ...

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