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Personally I see this list as not necessarily complete. For instance, as I see it, the term 'moral hazard' is as valid as 'gambler's fallacy' as a cognitive bia
by Theodores 13y ago
Personally I see this list as not necessarily complete. For instance, as I see it, the term 'moral hazard' is as valid as 'gambler's fallacy' as a cognitive bias, however, I would not dare to edit the page and add it in.
Another example is 'wilful ignorance' - this is when trying to think about something is so mind-blowing that the mind just goes blank. Despite the name of the term this is not 'wilful' - it is subconscious. It might kick in when the world goes to war or something serious like that. This is not the same as the 'Ostrich Effect' - this is conscious ignorance, e.g. if someone asks me about what shoes they should buy next and I really cannot be bothered to think about it then I make a conscious decision to be ignorant.