8 Biases in Category

We notice when something has changed

Deep Dive

All Biases

Anchoring
We rely too heavily on the first piece of information we encounter (the "anchor") when making decisions.
Conservatism Bias
We insufficiently revise our beliefs when presented with new evidence.
Contrast Effect
We perceive things differently depending on what we've recently been exposed to for comparison.
Distinction Bias
We view two options as more different when evaluating them simultaneously than when evaluating them separately.
Focusing Effect
We place too much importance on one aspect of an event, causing errors in predicting future outcomes.
Framing Effect
We draw different conclusions from the same information depending on how it's presented.
Money Illusion
We think of currency in nominal rather than real (inflation-adjusted) terms.
Weber–Fechner Law
We perceive changes in stimuli proportionally to their initial magnitude (a small change in a large stimulus is less noticeable).