Fallacies and Cognitive Biases

Front

What is Anchoring Bias?

Back

Anchoring Bias is a cognitive bias that occurs when individuals rely too heavily on the first piece of information they encounter (the 'anchor') when making decisions.

Front

What is Sunk Cost Bias?

Back

Sunk Cost Bias is a cognitive bias that leads individuals to continue an endeavor once an investment in money, effort, or time has been made, even if it is no longer the best decision.

Front

What is Slippery Slope Fallacy?

Back

Slippery Slope Fallacy is a logical fallacy that suggests that a relatively small first step or action will lead to a chain of related events culminating in some significant impact, often negative.

Front

What is Begging the Question?

Back

Begging the Question is a logical fallacy in which the conclusion of an argument is assumed in the phrasing of the question itself, leading to circular reasoning.

Front

What is Appeal to Authority?

Back

Appeal to Authority is a logical fallacy that occurs when someone argues that a claim is true simply because an authority or expert endorses it, without providing further evidence.

Front

What is a Cognitive Bias?

Back

A Cognitive Bias is a systematic pattern of deviation from norm or rationality in judgment, leading to illogical inferences or decisions.

Front

How does Anchoring Bias affect decision-making?

Back

Anchoring Bias can lead individuals to make decisions based on the initial information they receive, which may not be relevant or accurate, skewing their judgment.

Front

What are some examples of Sunk Cost Bias in everyday life?

Back

Examples include continuing to watch a movie you dislike because you paid for the ticket, or staying in a failing business because of the money already invested.

Front

What are the implications of Slippery Slope arguments in debates?

Back

Slippery Slope arguments can undermine rational debate by invoking fear of extreme consequences without evidence that such outcomes will occur.

Front

How can one identify Begging the Question in an argument?

Back

One can identify Begging the Question by looking for instances where the conclusion is restated in the premises, creating a circular argument.