Cognitive biases
1. How would you define cognitive biases? Elaborate on a time when you personally experienced this behavioral pattern.
2. Describe social bandwidth and share an experience you’ve had with this concept within your previous interactions.
Sample Solution
Cognitive biases are systematic errors in thinking that can lead us to make poor decisions. They are often unconscious and can be difficult to overcome. Some common cognitive biases include:
- Confirmation bias: This is the tendency to search for information that confirms our existing beliefs and to ignore information that contradicts them.
- Availability heuristic: This is the tendency to judge the likelihood of an event based on how easily examples of it come to mind.
- Anchoring bias: This is the tendency to rely too heavily on the first piece of information we are given when making a decision.
- Groupthink: This is the tendency for members of a group to make decisions that are not in the best interests of the group because they are afraid of going against the group consensus.