Category Archives: Cognitive Bias

Sticky Decisions – Anchoring and Adjusting

It’s the end of a long day of Saturday shopping. You’re at the big box appliance store, looking to replace that old refrigerator. After several rounds of negotiating with your salesperson, you relent, agreeing to his latest offer. Heck – it seems… Read more

Posted in Cognitive Bias, General Management, Project Management | 1 Comment

“If I Can Imagine It, It Must Be Likely” – The Availability Heurisitic

We live in a world filled with news stories about frightening tragedies and potential risks. In just the past six months, we had a horrifying school shooting and a sickening bombing at a marathon. We’ve been threatened by a rogue regime with nuclear… Read more

Posted in Business Continuity, Cognitive Bias, Probability/Statistics, Psychology, Risk | Comments Off on “If I Can Imagine It, It Must Be Likely” – The Availability Heurisitic

Weak Evidence – Folklore, Pseudoscience and Superstition

Last week, in this blog, I covered the topic of scientific research. In a post, I described the most common forms of research as well as how they differ in terms of the strength of evidence that they provide. I thought it was important for lay… Read more

Posted in Cognitive Bias, History, History of Science, Uncategorized | Comments Off on Weak Evidence – Folklore, Pseudoscience and Superstition

Is All Research Created Equally?

Professionals are constantly looking to grow intellectually, and learn new ideas to add to their mental toolkit. One of the ways to do this is by reading the current research that is ┬ápertinent to their field. ┬áThe research could be an MBA-style… Read more

Posted in Cognitive Bias, General Management, Personal Growth, Probability/Statistics | 5 Comments

Size Does Matter After All

In a recent post, I blogged about the limits of scientific research. I looked at various errors that researchers committed that impacted the accuracy or relevance of studies and experiments. While these errors in fact occur, even in studies reported… Read more

Posted in Cognitive Bias, General Management, Organization, Probability/Statistics, Psychology | Comments Off on Size Does Matter After All