They are often studied in psychology , sociology and behavioral economics. Although the reality of most of these biases is confirmed by reproducible research, [ 2 ] [ 3 ] there are often controversies about how to classify these biases or how to explain them. Gerd Gigerenzer has criticized the framing of cognitive biases as errors in judgment, and favors interpreting them as arising from rational deviations from logical thought. Explanations include information-processing rules i.
Biases have a variety of forms and appear as cognitive "cold" bias, such as mental noise, [ 5 ] or motivational "hot" bias, such as when beliefs are distorted by wishful thinking. Both effects can be present at the same time. There are also controversies over some of these biases as to whether they count as useless or irrational , or whether they result in useful attitudes or behavior.
For example, when getting to know others, people tend to ask leading questions which seem biased towards confirming their assumptions about the person. However, this kind of confirmation bias has also been argued to be an example of social skill ; a way to establish a connection with the other person.
Although this research overwhelmingly involves human subjects, some studies have found bias in non-human animals as well. For example, loss aversion has been shown in monkeys and hyperbolic discounting has been observed in rats, pigeons, and monkeys. These biases affect belief formation, reasoning processes, business and economic decisions, and human behavior in general.
The anchoring bias, or focalism, is the tendency to rely too heavilyβto "anchor"βon one trait or piece of information when making decisions usually the first piece of information acquired on that subject. The tendency to perceive meaningful connections between unrelated things. The availability heuristic also known as the availability bias is the tendency to overestimate the likelihood of events with greater "availability" in memory, which can be influenced by how recent the memories are or how unusual or emotionally charged they may be.
