In this episode #35, we dive into the fascinating world of Cognitive Biases, the mental shortcuts/Mental traps that often lead us to poor conclusions and decision making. We explore biases like the Spotlight Effect, where we believe others are more focused on us than they really are, and the Halo Effect, which causes us to judge someone’s whole character based on one positive trait. Understanding these cognitive biases help to improve critical thinking and eliminate thinking errors.

00:00 - Cognitive Biases

03:53 - Spotlight Effect

06:51 - Halo Effect 

10:44 - Anchoring Effect 

11:04 - Peltzman Effect

11:40 - Rosy Retrospection 

12:28 - Peak End Bias

13:17 - Negativity Bias

13:57 - Hindsight Bias

15:01 - Dunning–Kruger Effect / Authority Bias

17:32 - Confirmation Bias

20:00 - Survivorship Bias

21:46 - Forer Effect

23:45 - Framing Effect

24:41 - Contrast Effect

25:20 - Decoy Effect 

26:34 - Zeigarnik Effect

29:13 - Sunk Cost Fallacy

31:24 - Self-Justification Bias

33:00 - Bandwagon Effect

34:12 - Availability Cascade

36:31 - Gambler's Fallacy

37:11 - Clustering Illusion 

38:06 - Bystander Effect

39:42 - Illusion of Truth

41:37 - Focusing Effect

42:41 - Extension Neglect

43:18 - Hyperbolic Discounting

44:05 - Diagnosis Momentum

44:46 - Misinformation Effect

46:16 - Ostrich Effect

47:18 - Therapeutic Nihilism

48:02 - Black Swan Fallacy 

49:57 - Environment Amnesia

50:35 - Functional Fixedness

51:11 - False Consensus Effect

52:09 - Declinism 

54:52 - Familiarity Bias

55:36 - Affinity Bias

56:30 - Mere Exposure Effect

57:44 - Benjamin Franklin Effect

58:57 - Law of Triviality

01:00:03 - Fundamental Attribution Error

01:01:33 - Egocentric Bias

01:02:23 -The Knowledge Curse

01:03:12 - Positive side of Cognitive Biases 

01:04:41 - IKEA Effect

01:06:03 - Hoarding Disorder

01:06:24 - G. I. Joe Fallacy

01:08:30 - Tourism Optimism Bias

01:09:44 - Peak End Bias

01:11:38 - Serial Position Effect