Have you ever found yourself saying, “I saw that coming”? If so, you may have been wrong. Hindsight bias, sometimes referred to as the “knew-it-all-along” effect, is a common cognitive bias that ...
“Hindsight is 20/20,” one often hears in the context of a tendency to evaluate past choices more clearly in light of new information. But the perfect “20/20” score, referring to a measure of visual ...
While views may vary, we believe firmly that witness preparation should involve asking witnesses the tough questions, for several reasons: First, we would argue it is better to pose a tough or ...
Do you have confirmation/hindsight bias? Many traders will believe that their skills, and techniques are crafted from years of analysis, but the reality is few traders go out of their way to find ...
Sylvan Browne suggests a way to deal with the problem of hindsight bias when assessing the obviousness of a patent application So-called hindsight bias can affect the assessment of the obviousness of ...