Every single cognitive bias in one infographic (Visual Capitalist)

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Every single cognitive bias in one infographic (Visual Capitalist)

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''...the availability bias can lead into the false consensus effect. Whoever deliberates on a question can easily recall their conclusions (they are available). The person wrongly assumes that these findings will be as readily available to someone else. The self-serving bias also influences the false-consensus effect. Whoever wants to present something in a convincing manner does well to tell themselves that many (maybe even the majority) share their view and that their ideas will not fall on deaf ears. Philosophy deems the false-consensus effect ânaive realismâ: People are convinced that their positions are well thought out. Whoever fails to share their views will see the light if they reflect and open their minds sufficiently.''
-Rolf Dobelli, The art of thinking clearly
â...you also want to get the self-serving bias out of your mental routines. Thinking that whatâs good for you is good for the wider civilization, and rationalizing foolish or evil conduct, based on your subconscious tendency to serve yourself, is a terrible way to think.â
-Charles T. Munger, Poor Charlieâs Almanack
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New Post has been published on Crown of Compassion
New Post has been published on https://www.crownofcompassion.org/2018/07/30/behavior-modification-plan-sin-avoidance/
Behavior modification plan - sin avoidance
âOn the behavior modification plan, I define integrity as âsin avoidance.â As long as Iâm engaged in forbidden behaviors, I think Iâm on the right track.â- John Ortberg
John Ortberg concludes Chapter 10 of When the Game is Over as he stresses that problems with integrity center in the heart. Thus, integrity involves something much bigger that simple avoidance of breaking the rules. Also, integrity doesnât result from getting really good at not doing the things you want to do. Rather, Pastor Ortberg asserts, it means âbecoming the kind of person who does the right thing.â
Yet, John observes, humans possess an almost limitless ability for self-deception. Thus, the author takes a look at two integrity problems:
self-serving bias: a blind spot in human nature that causes us to make ourselves the heroes of our stories. As heroes, we exaggerate our role in victories, but absolve ourselves of blame for failure and error.
fundamental attribution error: if something good happens to you, you tend to explain it by taking credit for it. However, if you fail, you blame your circumstances. Also, we tend to explain our bad behavior in terms of mitigating circumstances. Yet we explain othersâ bad behavior in terms of their character defects.
In conclusion, Pastor Ortberg notes, thereâs a way back home for rule-breakers â grace through repentance. For we need Godâs help in order to clearly see the truths about our lives and character. Living with grace is better than anything else. As Scottish preacher James Stalker (1848-1927) explains, only Jesus fully understood and lived the rules:
âThe most important part of the training of the Twelve was on which was perhaps at the time little noticed, though it produced splendid results â the silent and constant influence of his character on them. It was this that made them into the men they became.â
Todayâs question: How often do you resort to a behavior modification plan? Please share.
Tomorrowâs blog: âSpending an entire day alone with Godâ
Betting On Our Decisions (March 19, 2018)
The other day I listened to an interesting episode from Daniel Pinkâs Podcast 1-30-20 in which he spoke with Annie Duke about her book Thinking in Bets. Duke has developed a life philosophy based on betting that has helped her in life, led her to win the World Series of Poker, and made her a successful business consultant. The premise of her philosophy is that people are happier and more successful when they improve their decision-making abilities. She equates good decision making with effective betting.Â
Dukeâs theory is that good decision makers embrace luck (good and bad) and take full responsibility for the skill they bring to the equation. This theory doesnât sound all that profound until Duke explains how most of us operate and make decisions based on self-serving bias. Self-serving bias is when we attribute good luck to our own skills and abilities and attribute bad luck to something else or someone else's poor performance. This perspective is self-serving because it always casts us in a good light and makes us feel good about a given outcome, but it prevents us from learning from reality. Instead Duke argues that we should strive for something she calls âobjective representation of the world.â
In one example of self-serving bias, Duke says if we happen to run through several red lights without having an accident, we might conclude that we don't need to stop at red lights. Conversely, if we are unlucky and have several accidents while driving through a green light, we might begin stopping when we come to a green light. Duke uses this extreme and unlikely example to illustrate how we often make false, self-serving conclusions about our work and environment that give us a less informed, nuanced, and effective perspectives on the world.
Instead, we should strive to understand what aspects of our environment are truly influenced by our actions, skills, and abilities, and which fall outside our locus of control. By parsing out those elements of our world that are subject to chance, and simply embracing them for what they are, we can more effectively focus our time and attention on mastering those elements that we control.
There are several parallels between Dukeâs betting philosophy and approaches to effective leadership. Most effective leaders establish an organizational tone and culture of continuous improvement. Improving ourselves and our operations is virtually impossible if we are making decisions and evaluating our performance based on self-serving bias.
Self-serving bias leads us to think that our operational successes are the result of our keen skills and intellect. We pat ourselves on the back for our great work but fail to study what good decisions and best practices were actually responsible for the success. Meanwhile, when something goes wrong, we are quick to find a scapegoat and rush to blame something or someone other than ourselves for a failed project or poor performance.
Modeling Duke's objective representation of the world approach means being curious and dispassionate about the factors that influence the world we live in. If weâre less concerned about being right (self-serving bias) and more interested in learning, weâll improve our ability to make sound decisions. Weâll be able to separate skill from luck and apply a more nuanced and realistic view of the world in order to make better decisions about the future. You can bet your life on it!
Wishing us all a week free from self-serving bias.
Do you know what you think you know? I found this fascinating. I am definitely guilty of this from time to time. These words are important to remember: I donât know!