We discussed that our reasoning and decision making is often clouded by cognitive biases. Take a look at this article and review some examples of cognitive biases that affect our reasoning:
Choose at least 2 biases and examine them in a bit more detail - you can use the textbook or search out other sources to learn more about it. Describe each bias in at least 1 full paragraph while citing your sources (2 paragraphs total).
Finally, please give an example of when you (or someone you know) has fallen prey to this bias and what you think could be done to avoid this bias in the future (1-2 paragraphs).
Please double space your response (probably 1.5 pages) and be sure to cite all your sources in-text and in a reference list.
Bias #1: Describes a cognitive bias in detail (at least 1 paragraph) and cites appropriate sources.
Bias #2: Describes a second cognitive bias in detail (at least 1 paragraph) and cites appropriate sources.
Example of bias: Describes a situation where a cognitive bias has affected reasoning/decision making
How to avoid bias: Gives a brief explanation/suggestion for how to avoid the bias.
Writing/APA: Cites sources in-text and in reference list. Writing is clear and easy to follow
Total Points: 5.0
Explanation & Answer
find attached the final version of your assignment ahead of the deadline. kindly review and complete. Thank you.
Running Head: BIASES
Overconfidence bias exists in the majority of the people who believe so much in themselves
and often look down upon other peoples’ actions and decisions. Since a person may be full of
themselves, this influences how they gather information or embrace unnecessary risks. In reality,
everyone has confidence in a particular shape or form, but when someone is overconfident; he or
she will only consider the extreme situations and settle on the assumption that they are humble