Action Bias - The tendency to prefer doing something over doing nothing, even when inaction would lead to a better outcome., Affect Heuristic - Making decisions based on emotions or “gut feelings” rather than careful analysis., Anchoring Bias - Relying too heavily on the first piece of information encountered when making a decision., Choice Overload - Difficulty making decisions when presented with too many options, often leading to inaction, Framing Effect - Decisions change depending on how information is presented, even if the facts are the same., Halo Effect - Letting one positive trait influence overall judgment., Hyperbolic Discounting - The tendency to choose smaller, immediate rewards over larger, delayed ones., Mental Accounting - Treating money differently depending on its source or intended use., Nostalgia Effect - Favoring things that remind us of the past, often viewing them more positively than they actually were., Status Quo Bias - A preference for keeping things the same rather than making changes., Ambiguity Effect - Avoiding unclear options with unknown risks in favor of options with known risks., Loss Aversion - Tendency to perceive losses as more significant than gains; making choices with the goal of avoiding loss or regret, FOMO - Making a decision you wouldn't normally have picked because of the fear of missing out, Bandwagon Effect - A psychological phenomenon where people adopt certain behaviors or choices simply because others are doing so, Endowment Effect - The tendency of people to value items that they own more highly than they would if they did not belong to them, Sunk Cost - Tendency to keep doing something you've invested in (with time, money or effort), even when giving up is clearly a better idea, Confirmation Bias - The habit of searing for, favoring, or recalling information in a way that confirms or supports our prior beliefs or values,

Cognitive Biases

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