What we know today as the Outcome Bias was clear to Michel de Montaigne five centuries ago – we are rarely in complete control over the outcomes of our decisions, and often we’re not to…
Tag: Outcome Bias
Outcome Bias – Never Judge Decisions by Their Outcome
How often do we stress about the unfavorable outcomes of our decisions. It makes us feel we should have known better. However, it turns out that we’re often wrong in judging our decisions after the…