Ambiguity Effect
2 min read
The ambiguity effect is a cognitive bias where decision makers avoid options that are considered to be ambiguous or to have missing information.
Cognitive Biases
/ Ambiguity aversion
Tag
Explore 10 cognitive biases related to this topic.
2 min read
The ambiguity effect is a cognitive bias where decision makers avoid options that are considered to be ambiguous or to have missing information.
Cognitive Biases
/ Ambiguity aversion
2 min read
Neglect of probability is the tendency to completely disregard probability when making a decision under uncertainty.
Statistical Biases
/ Probability blindness
2 min read
The ludic fallacy is the misuse of games to model real-life situations.
Statistical Biases
/ Gaming fallacy
10 min read
Automation bias is the tendency to over-trust computer systems and automated recommendations, discounting or overlooking contradictory human judgment or real‑world evidence.
Cognitive Biases / Human–automation interaction
/ Over‑reliance on automation
10 min read
The ostrich effect is the tendency to avoid or ignore negative information, especially about risks or losses, in order to reduce anxiety.
Cognitive Biases / Information avoidance
/ Information avoidance bias
10 min read
Ambiguity aversion is the tendency to prefer known risks over unknown or poorly defined risks, even when the expected outcomes are similar.
Cognitive Biases / Risk and uncertainty
/ Uncertainty aversion
5 min read
Underestimating the likelihood of disaster.
Cognitive Biases
/ Negative Panic
12 min read
The base rate fallacy is the tendency to ignore or underweight general statistical information (base rates) in favor of vivid or specific case details when judging probability.
Cognitive Biases / Bayesian neglect
/ Base Rate Neglect
3 min read
The framing effect is a cognitive bias where people decide on options based on whether the options are presented with positive or negative connotations; e.g. as a loss or as a gain.
Cognitive Biases
/ Framing bias
12 min read
The tendency to overestimate the likelihood of events with greater 'availability' in memory, which can be influenced by how recent, unusual, or emotionally charged the memories are.
Cognitive Biases
/ Availability Bias