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We favor simple-looking options and complete information over complex ambiguous options

Bike Shedding Effect

We tend to focus disproportionate time and energy on trivial or minor details while neglecting more important things. This cognitive bias often manifests in group decision-making processes, where participants tend to give more attention to easy-to-grasp issues rather than complex, critical problems.

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Conjunction Falacy

The Conjunction Fallacy is a cognitive bias where individuals incorrectly believe that specific conditions are more probable than a single general one. This bias often emerges when the specific condition seems more representative or coherent with a narrative.

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Occam’s Razor

A principle that encourages us to prefer the simplest explanation that requires the fewest assumptions. This principle doesn’t necessarily point to the truest or most accurate explanation but emphasizes simplicity as a valuable approach.

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Less-Is-Better Effect

The Less-Is-Better Effect is a cognitive bias where people sometimes perceive a smaller or lesser quantity as having higher value or greater quality than a larger amount of the same item, particularly when comparing disparate or incomplete sets.

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