{"id":575,"date":"2019-10-14T02:50:21","date_gmt":"2019-10-14T06:50:21","guid":{"rendered":"https:\/\/diversity.csl.org\/?p=575"},"modified":"2019-10-14T02:50:21","modified_gmt":"2019-10-14T06:50:21","slug":"theres-a-thing-called-hindsight-bias","status":"publish","type":"post","link":"https:\/\/csl.org\/diversity\/theres-a-thing-called-hindsight-bias\/","title":{"rendered":"There\u2019s a Thing Called Hindsight Bias&#8230;"},"content":{"rendered":"\n<p>Most of us are familiar with the phrase: \u201cHindsight is 20\/20\u201d but&nbsp;<strong>Did You Know<\/strong> there\u2019s a thing called Hindsight Bias?<\/p>\n\n\n\n<p>Hindsight bias is also referred to as creeping determinism,\nand the knew-it-all-along effect.<\/p>\n\n\n\n<p>Hindsight bias refers to a person&#8217;s belief and tendency of\nhaving predicted the outcome of an event when, in reality, there was no sure\nway of knowing the outcome. This is a fairly common phenomenon that most people\ntend to take up at some point of time in their lives\u2015some, more often than\nothers. There are varied nuances to this occurrence and the effect of harboring\nand encouraging this tendency can lead to limitations in any decision-making\nprocess.<\/p>\n\n\n\n<p>Harboring hindsight bias can have a negative effect on many\nfacets of a person&#8217;s life, especially those that have to do with\ndecision-making. A person who is prone to this bias might have a false sense of\nsuperiority, an overestimation of their intelligence or a false overconfidence\nabout the effectiveness of their thoughts and decisions. This then propels one\nto take risky and ill-informed decisions which may have disastrous effects\u2015like\nin business, or medical practice, or even a jury&#8217;s judgments about a\ndefendant&#8217;s past conduct.<\/p>\n\n\n\n<p>This bias also encourages the tendency in a person to blame\nothers (if they had done this, this would not have happened), which is really\nquite reminiscent of victim mentality, if one deems to see it that way.&nbsp;<\/p>\n\n\n\n<p>Furthermore, hindsight bias allows a person to accept\nthings at the surface level without conducting more research or going deeper\ninto the subject, or being open to the fact that there might be alternatives to\na situation, thereby promoting a very narrow and limited view of the world.\nHindsight bias fuels the human tendency to find something familiar and\npredictable in a world guided by the unknown. When we are able to find closure\nin things, instead of letting them have loose ends, we are able to function\nwell. Which is why we immediately tend to draw similarities when faced with new\ninformation and draw conclusions whereby the new becomes predictable. Even\nthough this bias gives us a grandiose sense of self (which fuels our ego, so to\nsay), it is usually a false self-image, which only hampers our mental growth\nand decision-making abilities. This is why there is a need to deliberately\nreject our tendency to adhere to this bias and allow more possibilities and\nalternate endings to make way.<\/p>\n\n\n\n<p><strong>AFFIRMATION:&nbsp;<\/strong>I\nrelease every need to be right. I enthusiastically embrace the mystery of Life\ntrusting that every moment is unfolding exactly as consciousness creates\nit.&nbsp;<\/p>\n\n\n\n<p>For more information about Hindsight Bias check out:<\/p>\n\n\n\n<p>Understanding Hindsight Bias&nbsp;<a href=\"https:\/\/psychologenie.com\/understanding-hindsight-bias-with-examples\">https:\/\/psychologenie.com\/understanding-hindsight-bias-with-examples<\/a><\/p>\n\n\n\n<p>Hindsight Bias and Framing effect explained&nbsp;<a href=\"https:\/\/youtu.be\/l_Zgdq8Ag1w\">https:\/\/youtu.be\/l_Zgdq8Ag1w<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most of us are familiar with the phrase: \u201cHindsight is 20\/20\u201d but&nbsp;Did You Know there\u2019s a thing called Hindsight Bias? Hindsight bias is also referred to as creeping determinism, and the knew-it-all-along effect. Hindsight bias refers to a person&#8217;s belief and tendency of having predicted the outcome of an event when, in reality, there was [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"footnotes":""},"categories":[159],"tags":[],"class_list":["post-575","post","type-post","status-publish","format-standard","hentry","category-did-u-know"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>There\u2019s a Thing Called Hindsight Bias... - CSL Diversity Equity Inclusion Committee<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"There\u2019s a Thing Called Hindsight Bias... - CSL Diversity Equity Inclusion Committee\" \/>\n<meta property=\"og:description\" content=\"Most of us are familiar with the phrase: \u201cHindsight is 20\/20\u201d but&nbsp;Did You Know there\u2019s a thing called Hindsight Bias? 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