George Dvorskyin his post The 12 cognitive biases that prevent you from being rational has listed some “cognitive biases” which can lead us to make grave mistakes. 

He defines the “cognitive biases” as “those annoying glitches in our thinking that cause us to make questionable decisions and reach erroneous conclusions”.

Here is the list:

  1. Confirmation Bias
  2. Ingroup Bias
  3. Gambler’s Fallacy
  4. Post-Purchase Rationalization
  5. Neglecting Probability
  6. Observational Selection Bias
  7. Status-Quo Bias
  8. Negativity Bias
  9. Bandwagon Effect
  10. Projection Bias
  11. The Current Moment Bias
  12. Anchoring Effect

For details read the full post

15083417861_fa0698290d_bImage source: Flickr – Topher McCulloch (CC BY-SA 2.0)