31 min
Cognitive Bias Episode 5 - Survivorship Bias The Black Belt in Thinking Podcast
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- Self-Improvement
Peter and Mirta start a new series on cognitive biases!
There are a few different cognitive biases that have a powerful influence on how you think, how you feel, and how you behave. Each episode will touch on a different bias. So make sure you tune in to them all!
This week Peter and Luke talk about the Survivorship Bias, which is a bias that can lead to overly optimistic beliefs because multiple failures are ignored. It can also lead to the false belief that the successes in a group have some special property, rather than just coincidence
For example, if three of the five students with the best college grades went to the same high school, that can lead one to believe that the high school must offer an excellent education when, in fact, it may be just a much larger school instead. This can be better understood by looking at the grades of all the other students from that high school, not just the ones who made the top-five selection process.
If you’re enjoying the series and getting value out of the episodes please remember to share them around!
The hosts also love to hear any feedback or answer questions you may have, so feel free to send them a message at peter.cronin@viago.com.au or mirta@viago.co.nz!
Peter and Mirta start a new series on cognitive biases!
There are a few different cognitive biases that have a powerful influence on how you think, how you feel, and how you behave. Each episode will touch on a different bias. So make sure you tune in to them all!
This week Peter and Luke talk about the Survivorship Bias, which is a bias that can lead to overly optimistic beliefs because multiple failures are ignored. It can also lead to the false belief that the successes in a group have some special property, rather than just coincidence
For example, if three of the five students with the best college grades went to the same high school, that can lead one to believe that the high school must offer an excellent education when, in fact, it may be just a much larger school instead. This can be better understood by looking at the grades of all the other students from that high school, not just the ones who made the top-five selection process.
If you’re enjoying the series and getting value out of the episodes please remember to share them around!
The hosts also love to hear any feedback or answer questions you may have, so feel free to send them a message at peter.cronin@viago.com.au or mirta@viago.co.nz!
31 min