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- Outcome bias is an error made in evaluating the quality of a decision when the outcome of that decision is already known.
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Sep 24, 2022 · What Is Outcome Bias? Outcome bias arises when a decision is based on the outcome of previous events, without regard to how the past events developed.
What is Outcome Bias? Outcome bias refers to the tendency for people to judge the quality of a decision based on its outcome rather than how exactly the decision was made.
Dec 31, 2020 · Outcome bias is a cognitive bias that occurs when people judge a decision based on its outcome rather than its quality. It is a form of hindsight bias, where people tend to overestimate the accuracy of their predictions after the fact.
What is Outcome Bias? Outcome bias is a cognitive bias that causes individuals to judge a decision based on its outcome, rather than how exactly the decision was made in the moment. In other words, it's the tendency to attribute the quality of a decision to its end result, ignoring…
Mar 17, 2020 · What Is an Outcome Bias? The outcome bias can make you focus on the end result and ignore the risks along the way. When we already know the outcome of a specific task, we can become blind to the dangers that might present during the process.
The outcome bias is an error made in evaluating the quality of a decision when the outcome of that decision is already known. Specifically, the outcome effect occurs when the same "behavior produce [s] more ethical condemnation when it happen [s] to produce bad rather than good outcome, even if the outcome is determined by chance." [1]
The outcome bias (or outcome effect) is a cognitive bias that leads people to judge decisions mainly based on their outcomes, in a way that’s irrelevant to the true quality of those decisions.
