Outcome Bias
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Outcome Bias
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Why do we judge decisions by how they turn out - rather than how they were made? In this episode of Circuit Breaker: Rewiring Your Decisions, we explore outcome bias - the tendency to evaluate the quality of a decision based on its result, instead of the reasoning behind it.
Discover how good decisions can lead to bad outcomes (and vice versa), how hindsight skews our judgement, and how to focus on the process rather than the result when it matters most.
Studies and links:
Outcome Bias in Decision Evaluation | Jonathon Baron and John C. Hershey | Journal of Personality and Social Psychology 1988, Vol. 54, No. 4, 569-579 outcomebias.pdf
Outcome Bias: Definition, Examples and Effects | clearerthinking.org Outcome Bias: Definition, Examples and Effects
