In an age where objectivity and clear thinking are more important than ever, understanding the cognitive biases that can subvert our decision-making is crucial. This incisive 10-minute video, the third in an eye-opening series, delves into even more of the insidious mental shortcuts and logical fallacies that can lead us astray.
From the sunk cost fallacy to the backfire effect, this concise yet comprehensive overview equips viewers with the tools to identify and counteract a diverse array of biases. With engaging visuals and straightforward explanations, even complex psychological phenomena are made accessible and actionable.
Whether you're navigating high-stakes choices, forming opinions on crucial issues, or simply striving for greater self-awareness, this video provides an invaluable roadmap for recognizing and mitigating the biases that can undermine clear, rational thinking. Arm yourself with the wisdom to cut through the fog of cognitive distortions and make more thoughtful, well-grounded decisions. This is Part 3 of an essential series for anyone seeking to sharpen their mental faculties.
00:00 Self-Fulfilling Prophecy
00:31 Information Bias
01:12 Zero-Risk Bias
01:44 Loss Aversion
02:17 Mere Exposure Effect
02:47 Bias Blind Spot
03:15 Hyperbolic Discounting
03:44 Base Rate Neglect
04:13 Illusory Correlation
04:44 Escalation of Commitment
05:17 Anchoring Bias
05:52 Confirmation Bias
06:24 Affect Heuristic
06:58 Gambler’s Fallacy
07:26 Halo Effect
07:56 Horns Effect
08:21 Actor-Observer Bias
08:46 False Consensus Effect
09:17 Illusion of Control