Prospect theory

Hindsight bias

Hindsight bias, also known as the knew-it-all-along phenomenon or creeping determinism, is the common tendency for people to perceive past events as having been more predictable than they actually were. People often believe that after an event has occurred, they would have predicted or perhaps even would have known with a high degree of certainty what the outcome of the event would have been before the event occurred. Hindsight bias may cause distortions of memories of what was known or believed before an event occurred, and is a significant source of overconfidence regarding an individual's ability to predict the outcomes of future events. Examples of hindsight bias can be seen in the writings of historians describing outcomes of battles, physicians recalling clinical trials, and in judicial systems as individuals attribute responsibility on the basis of the supposed predictability of accidents. (Wikipedia).

Hindsight bias
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Hindsight Bias in the Classroom – Why Learning Statistics is Harder Than it Looks (0-3)

Hindsight Bias is the inclination to see events that have already occurred, as being more predictable than they were before they took place. We tend to look back on events as being simple and something that we might have already known. Hindsight bias often occurs in statistics class when y

From playlist Statistics Course Introduction

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is your software architecture biased? hindsight bias and how to eliminate it.

in this video we look at hindsight bias (monday morning quarterbacking) and how it can affect both agile and waterfall deliveries as well as software architectural decisions. we explore techniques such as Pre Mortem Reviews and Architectural Decision Records that we can use to combat tha

From playlist Architecture

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Survivorship Bias - Examples, Definitions, and String Art - Cognitive Biases

The Survivor Bias, also know as the survival or survivorship bias, is a commonly committed cognitive bias in the field of business and science. When people make assumptions from data without understanding where all the data is coming from, they are falling victim to a great example of a su

From playlist Cognitive Biases

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How Scientists Can Avoid Cognitive Bias

Cognitive biases have received some attention in recent years, thanks to books like “Thinking Fast and Slow,” “You Are Not So Smart, or “Blind Spot.” Unfortunately, this knowledge has not been put into action in scientific research. Scientists do correct for biases in statistical analysis

From playlist Science Explainers

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Confirmation Bias - Definition, Examples and How to Avoid - Psychology Motovlog

Learn the definition of the confirmation bias and understand examples of this cognitive bias in this informative video. The confirmatory bias is a very common flaw and can be found almost everywhere. There are a few tips you can use to avoid this common logical flaw in your daily thinking,

From playlist Cognitive Biases

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Linear regression (5): Bias and variance

Inductive bias; variance; relationship to over- & under-fitting

From playlist cs273a

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Your brain is lying to you..

Your brain is lying to you.. - Cognitive Bias Explained 20% OFF, free shipping, and 2 FREE Gifts when you buy the Perfect Package 3.0 kit at https://mnscpd.com/aperture Follow me on Instagram!: https://www.instagram.com/mcewen/ Cognitive biases are running your life for you. The decisions

From playlist Philosophy & Psychology 🧠

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Why Psychology Tells Us What We Already Know

Hindsight bias skews our interpretation of events and information, making it seem like they were predictable or just not that surprising. This bias can cause some real problems, but the good news is, once you are aware of it, there are some things you can do to reduce its effects. Hosted

From playlist SciShow Psych

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How are implicit biases holding us back? | Allison Stanger

New videos DAILY: https://bigth.ink Join Big Think Edge for exclusive video lessons from top thinkers and doers: https://bigth.ink/Edge ---------------------------------------------------------------------------------- It's important to realize the implicit biases we carry regarding gen

From playlist Cognitive biases: How to think more rationally? | Big Think

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O'Reilly Webcast: The Human Side of Post Mortems

Imagine you had to write a postmortem containing statements like these? "We were unable to resolve the outage as quickly as we would have hoped because our decision making was impacted by extreme stress." "We spent two hours repeatedly applying the fix that worked during the previous out

From playlist O'Reilly Webcasts 2

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J. Paul Reed (DevOps Consultant) Interview - Velocity Santa Clara 2014

From the 2014 Velocity Conference in Santa Clara: J. Paul Reed, DevOps consultant and O'Reilly Programming contributor, sits down to discuss linguistic structures for post-mortem analysis, productive models for post-mortems, and what the DevOps community can learn from the post-mortems of

From playlist Velocity Conference 2014 (Santa Clara, CA)

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Statistics Lesson #4: Sources of Bias

This video is for my College Algebra and Statistics students (and anyone else who may find it helpful). I define bias, and we look at examples of different types of bias, including voluntary response bias, leading question bias, and sampling bias. I hope this is helpful! Timestamps: 0:00

From playlist Statistics

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DevOpsDays Seattle 2016 - Understanding Cognitive Bias Found In Judgement & Choice by Jason Hand

Understanding Cognitive Bias Found In Judgement & Choice by Jason Hand There are distinctive patterns in the errors that all of us make. Systematic mistakes known as biases, along with impressions and thoughts, form within our conscious experience. This occurs naturally without us knowin

From playlist DevOpsDays Seattle 2016

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DevOpsDays SEA 2016 - Understanding Cognitive Bias Found In Judgement & Choice By Jason Hand

Understanding Cognitive Bias Found In Judgement & Choice By Jason Hand There are distinctive patterns in the errors that all of us make. Systematic mistakes known as biases, along with impressions and thoughts, form within our conscious experience. This occurs naturally without us knowing

From playlist DevOpsDays Seattle 2016

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Strata 2014: David McRaney, "Survivorship Bias and the Psychology of Luck"

When failure becomes invisible, the difference between failure and success may also become invisible. We each want to dissect and apply the lessons gained from the life stories of diet gurus, celebrity CEOs, and superstar athletes. We'd all like to deconstruct success and reconstruct it i

From playlist Strata Conference 2014 (Santa Clara, CA)

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Psychological Research: Crash Course Psychology #2

So how do we apply the scientific method to psychological research? Lots of ways, but today Hank talks about case studies, naturalistic observation, surveys and interviews, and experimentation. Also, he covers different kinds of bias in experimentation and how research practices help us av

From playlist Psychology

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Unravelling Unconscious Bias - with Pragya Agarwal

How do our implicit or 'unintentional' biases affect the way we communicate and perceive the world and how do they affect our decision-making? Pragya's book "Sway" is available now: https://geni.us/EKb6JA Pragya will discuss how bias is playing a role during the current pandemic and how w

From playlist Livestreams

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Bias in an Artificial Neural Network explained | How bias impacts training

When reading up on artificial neural networks, you may have come across the term “bias.” It's sometimes just referred to as bias. Other times you may see it referenced as bias nodes, bias neurons, or bias units within a neural network. We're going to break this bias down and see what it's

From playlist Deep Learning Fundamentals - Intro to Neural Networks

Related pages

Availability heuristic | Ecological validity | Low-pass filter | Representativeness heuristic | Causal model