## What is overcome bias?

What is outcome bias?

Outcome bias refers to cognitive
bias in ignoring processes and judging outcomes based on whether the outcome
is positive or negative.

Characteristics of outcome
bias

Because of outcome bias, we ignore the
process and judge only by the outcome.

Outcome bias causes you to simply focus on
whether the outcome is positive or negative.

If a rational choice at the time has negative consequences due to outcome
bias, it is mistaken for an irrational choice.

Examples
of Outcome bias

An example of outcome bias is
every choice you make on a daily basis. Results bias can occur when a choice
that was good at the time but has bad results today, or a choice that was bad
at the time but has good results now.

Outcome bias three-line
summary

-Outcome bias refers to a cognitive bias that ignores the process
and judges only the outcome.

-Due to outcome bias, even a rational
choice will be judged as a result.

-Outcome bias occurs in all
judgments.

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