Behavioral Biases

Behavioral biases are systematic patterns of deviation from norm or rationality in judgment. They affect how we perceive information, make decisions, and interact with others. For example, confirmation bias leads people to favor information that reinforces their existing beliefs, while anchoring bias causes reliance on the first piece of information encountered. These biases can result in poor decision-making, as they skew our understanding and influence our choices, often without us even realizing it. Recognizing these biases can help improve critical thinking and decision-making skills in daily life.