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Cognitive Bias!


Cognitive bias is the error injudgment which is caused by the inappropriate use of the cognitive process. It occurs during the information processing and interpreting. When we try to simplify the information process, When we try to perceive the information on the basis of our preferences, or when we are over confident, when we try to take actions or make decisions illogically, then this may occur. The cognitive bias may lead to the faulty decision. We can say that it is an irrational error of our decision making.

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