Many biases in judgment and decision making have been demonstrated by research in psychology and behavioral economics. These are systematic deviations from a standard of rationality or good judgment.
Although the reality of these biases is confirmed by replicable research, there are often controversies about how to classify these biases or how to explain them.[1]
Some are effects of information-processing rules, called heuristics, that the brain uses to produce decisions or judgments. These are called cognitive biases.[2][3]
Biases in judgment...
The Chonchy
