Identify Cognitive Biases
Categories: Problem-Solving & Critical Thinking Problem Solving & Decision Making Psychology & Mindfulness Mental Models & Thinking Tools (Primary)
Analyze the following situation or decision-making process and identify potential cognitive biases that might be influencing the thinking: '[Describe the situation or decision, e.g., 'We decided to invest heavily in Project X after a few early successes, despite growing concerns.', 'I tend to favor information that confirms my existing beliefs about market trends.', 'The hiring committee was overly impressed by the candidate's confidence.']'. Suggest specific biases (e.g., Sunk Cost Fallacy, Confirmation Bias, Anchoring, Halo Effect) that could be relevant.
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