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Hindsight Bias

Definition

Hindsight bias is the tendency to believe, after learning an outcome, that one would have foreseen or predicted it.

Analogy

It's like watching a recorded football game and saying you knew all along which team was going to win. Once you know the outcome, it seems obvious - but before knowing, predicting accurately would have been much harder.

Related terms

Confirmation Bias: The tendency to interpret new evidence as confirmation of one's existing beliefs or theories.

Overconfidence Effect: When someone's subjective confidence in their judgments is greater than their objective accuracy.

Availability Heuristic: A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method or decision.



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© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.