Falling for the dangerous judgment errors called cognitive biases often costs you an arm and a leg. Yet such serious mistakes happen all the time in business! For instance, one of the biggest ...

We are defined by the decisions we make from the moment we wake up to when we fall asleep. Regardless of how mundane or unimportant these emotions and decisions may seem, you must learn how to remove ...

Studies show that AI systems used to make important decisions such as approval of loan and mortgage applications can perpetuate historical bias and discrimination if not carefully constructed and ...

Forbes contributors publish independent expert analyses and insights. Dr. Robert Pearl covers the people, tech and business of healthcare. Day one of the healthcare strategy course I teach in the ...

In a large group of independent decision-makers, those who reach a decision most quickly also tend to be those with the strongest initial biases. The finding comes from a mathematical model of ...

Hindsight bias is a well‐documented cognitive phenomenon whereby individuals perceive past events as having been more predictable than they actually were. This bias manifests through memory ...

Human bias, when shaped by values and informed by experience, can be a form of wisdom that protects us from making poor decisions in today's AI-driven world.

Algorithms in clinical decision tools have been making it harder for certain racial and socioeconomic groups to receive the healthcare they deserve.