TweetShareSharePin0 Shares Planning Fallacy – Under and Overestimating Time and Cost of Task Planning Fallacy is another cognitive bias we use to foretell how much time and possible cost we need to complete a task; we usually either or both underestimate or...
TweetShareSharePin0 Shares Anchoring Effect Meaning Anchoring occurs when a person bases decisions and opinions solely on the first few pieces of information encountered (known as “anchors”). The renown psychologists Daniel Kahneman and Amos Tversky first recognized...
Peakon is the world’s leading platform for measuring and improving Employee Engagement. Its 2020 Heartbeat annual report focused on Employee Expectations. Its conclusion summarized the report: This report set out to uncover the emerging employee expectations for...
Frontiers in Psychology published an interesting article in their Cognitive Science section on September 02, 2018 that questioned our human rationality in our use of heuristic thinking. Heuristic thinking follows the neurological makeup of the brain, which sets up its...