Just how good are your decision making skills

How much data do our brains have to deal with? In 2015, about 2.5 quintillion bytes of information were produced daily, which is just growing.

In order to handle this massive amount of information, our brains have actually come up with some creative shortcuts that make it much easier to understand what to ignore and exactly what to pay attention to.

But the strategies utilized to do this sifting is frequently flawed. These strategies are called Cognitive Biases. There are in the vicinity of 175 different cognitive biases that have actually been recognized. Undoubtedly, everyone does not use ALL of these thinking methods when they are deciding, but we all utilize some combination of them.

Here are just a few of the most common cognitive biases:

1. Anchoring Bias - this is the tendency to rely too much on one piece of data, which is normally the first one provided. Later on, in some cases more beneficial, info is reduced in importance or completely ignored.

2. Attentional Bias - exactly what we consider a lot of impacts our perception. This in some cases causes us to be uninformed of modifications in our environment.

3. Confirmation Bias - search for, focus on, and keep in mind just the details that supports what one already thinks.

4. Information Bias - Keep seeking extra details, even when no more data is necessary. Some of us hesitate that we may be missing something important. This can be especially true around health issues.

5. Recency Bias - Sort of the opposite of Anchoring Bias, it is providing more weight to the latest details received.

Discover more about these cognitive biases at BrainSpeak.com!