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January 1, 2025 54 mins

EPISODE 127 | Cognitive Biases: Thanks, Big Brain! (Because Reasons 12)

This episode looks at the final two categories of biases in the Cognitive Biases Codex – what we tend to do when the information we’re presented with doesn’t contain enough meaning, and the brain’s tendency to favor quick assessments over complete ones, because it feels it need to act quickly.

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SECTIONS

  1. COMPLICATED SHADOWS- Confabulation, apophenia, illusory correlation, the clustering illusion, the illusion of validity and WYSIWTI, the anecdotal fallacy, inductive reasoning, the post hoc ergo propter hoc fallacy, the recency illusion, the gambler's fallacy and hot hand fallacy
  2. Stereotyping, group attribution error, outgroup homogeneity, the  moral credential effect, authority bias, functional fixedness, the Just-World Hypothesis, the bandwagon effect, argument from fallacy (bad apple bias, fallacy fallacy), the placebo and nocebo effects
  3. The cross-race effect, the Halo and Horns Effect, the positivity effect, reactive devaluation, the cheerleader effect, the not invented here bias, the well-traveled road effect
  4. Mental accounting, Miller's Law (magic number 7 +/- 2), appeal to probability, survival bias, the subadditivity effect, the zero sum bias
  5. The illusion of transparency, the curse of knowledge, the illusions of asymmetric insight and of external agency
  6. Self-consistency bias, hindsight bias, moral luck, outcome bias, restraint bias, pro-innovation bias, declinism, pessimism bias, the planning fallacy, backward and forward telescoping
  7. ALARM CALL - Belief bias and syllogisms, Occam's Razor, the less-is-better effect, the Delmore effect, the conjunction fallacy (the Linda Problem), information bias, ambiguity bias, the Easton-Rosen Phenomenon (rhyme-as-reason effect)
  8. Status quo bias and ante, system justification, the decoy effect (asymmetric dominance effect), reverse psychology, social comparison bias, reactance
  9. The backfire effect, the sunk cost fallacy, the pseudocertainty effect, zero-risk bias, loss aversion, unit bias, irrational escalation (escalation of commitment), the endowment effect (divestiture aversion) and the IKEA effect, the generation effect
  10. The identifiable victim effect, hyperbolic discounting, Argumentum ad Novitatem (appeal to novelty)
  11. Effort justification, the defensive attribution hypothesis, trait ascription bias, the illusion of control, the optimism effect, risk compensation and the Peltzman effect, the egocentric bias (Illusory Superiority, the Lake Woebegone effect), the self-serving bias, the overconfidence effect, the Dunning-Kruger effect, the hard-easy effect, the false consensus effect, social desirability bias, the fundamental attribution error and the Actor-Observer bias
  • Music by Fanette Ronjat

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Other Podcasts by Derek DeWitt

  • DIGITAL SIGNAGE DONE RIGHT - Winner of a 2022 Gold Quill Award, 2022 Gold MarCom Award, 2021 AVA Digital Award Gold, 2021 Silver Davey Award, 2020 Communicator Award of Excellence, and on numerous top 10 podcast lists. 
  • PRAGUE TIMES - A city is more than just a location - it’s a kaleidoscope of history, places, people and trends. This podcast looks at Prague, in the center of Europe, from a number of perspectives, including what it is now, what is has been and where it’s going. It’s Prague THEN, Prague NOW, Prague LATER 
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