Front

Anchoring bias

Back

Anchoring bias is the tendency to rely on the first piece of information encountered when making decisions.

Front

How does availability bias affect decision-making?

Back

Availability bias leads to skewed perceptions and decisions based on easily recalled information.

Front

Example of the bandwagon effect?

Back

A popular social media influencer promoting a specific brand of sneakers, leading many followers to buy them.

Front

What is the main consequence of relying on the first piece of information?

Back

Confirmation bias in decision-making.

Front

What is groupthink and how is it related to the bandwagon effect?

Back

Groupthink is a phenomenon where group cohesion leads to poor decision-making, and it relates to the bandwagon effect as both involve individuals conforming to group opinions without critical evaluation.

Front

Why is it important to be aware of cognitive biases?

Back

It is important to be aware of cognitive biases to improve decision-making and critical thinking.

Front

How can anchoring bias impact job interviews?

Back

Anchoring bias can cause interviewers to rely too heavily on initial impressions, affecting their overall assessment of a candidate.

Front

What strategies can help mitigate the effects of cognitive biases?

Back

Increase awareness, seek diverse perspectives, use structured decision-making, and implement feedback mechanisms.

Front

In what situations might the bandwagon effect be beneficial?

Back

Public health campaigns and social movements.