What is the purpose of cognitive bias

There are a number of cognitive biasis documented
We can notice that these behaviours are universal and persistent in people

Why?

There is evidence that confirmation bias makes a lot of sense once we understand that human decision-making is argumentative

It’s might also be fair to notice that there are various heuristics that reduce cognitive load

I also might be useful to notice that in real life situation there sometimes isn’t a lot of time

That the payoff matrix for individual is a bit abrupt if they die but NOT for the species

  • Actor-observer bias. The tendency for an individual to credit their own situation to external causes while ascribing other people’s behaviors to internal causes.
  • Anchoring bias. The tendency for the brain to rely too much on the first information it received when making decisions.
  • Attentional bias. The tendency for an individual to pay attention to a single object or idea while deviating from others.
  • Availability bias. The tendency for the brain to conclude that a known instance is more representative of the whole than is actually the case.
  • Availability heuristic. The tendency to use information that comes to the mind quickly when making decisions based on the future.
  • Bandwagon effect. The tendency for the brain to conclude that something must be desirable because other people desire it.
  • Bias blind spot. The tendency for the brain to recognize another’s bias but not its own.
  • Clustering illusion. The tendency for the brain to want to see a pattern in what is actually a random sequence of numbers or events.
  • Confirmation bias. The tendency for the brain to value new information that supports existing ideas.
  • The Dunning-Kruger effect. The tendency for an individual with limited knowledge or competence in a given field to overestimate their own skills in that field.
  • False consensus effect. The tendency for an individual to overestimate how much other people agree with them.
  • Framing effect. The tendency for the brain to arrive at different conclusions when reviewing the same information, depending on how the information is presented.
  • Functional fixedness. The tendency to see objects as only being used in one specific way.
  • Group think. The tendency for the brain to place value on consensus. 
  • Halo effect. The tendency for a person’s impression in one area to influence an opinion in another area.
  • Hindsight bias. The tendency to interpret past events as more predictable than they actually were.
  • Misinformation effect. The tendency for information that appears after an event to interfere with the memory of an original event.
  • Negativity bias. The tendency for the brain to subconsciously place more significance on negative events than positive ones.
  • Proximity bias. Proximity bias is the subconscious tendency to give preferential treatment to people that are physically close. A physical worker being considered for a raise before a remote worker because they are in the immediate vicinity of their superior is an example of proximity bias.
  • Recency bias. The tendency for the brain to subconsciously place more value on the last information it received about a topic.
  • Self-serving bias. The tendency for an individual to blame external forces when bad events happen but give themselves credit when good events happen.
  • Sunk cost effect. Also called the sunk cost fallacy, this is the tendency for the brain to continue investing in something that clearly isn’t working in order to avoid failure.
  • Survivorship bias. The tendency for the brain to focus on positive outcomes in favor of negative ones. A related phenomenon is the ostrich effect, in which people metaphorically bury their heads in the sand to avoid bad news.

    https://www.techtarget.com/searchenterpriseai/definition/cognitive-bias

https://scholar.harvard.edu/files/pspark/files/evolutioncognitivebiases.pdf


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