cheatsheet_lesson5

Critical Thinking Cheat Sheet: Lesson 5 - Understanding Cognitive Biases

Common Cognitive Biases

Bias
Description
Example
How to Counter
Confirmation Bias
Seeking information that confirms existing beliefs
Reading articles supporting your diet while dismissing studies questioning it
Actively seek contradictory information; ask “What would change my mind?”
Availability Heuristic
Judging likelihood based on how easily examples come to mind
Overestimating plane crash risk after news coverage
Look up actual statistics rather than relying on what comes to mind
Anchoring Bias
Relying too heavily on first piece of information
Thinking a ÂŁ70 shirt is a good deal because it was marked down from ÂŁ100
Consider issues before knowing others’ opinions; evaluate from multiple starting points
Dunning-Kruger Effect
People with limited knowledge overestimate their competence
Feeling you’ve mastered a skill after learning basics
Approach new topics with humility; seek feedback from experts
Hindsight Bias
Believing events were predictable after they occurred
Claiming you “saw it coming” after a surprising election result
Keep a decision journal documenting predictions; notice your level of surprise
Sunk Cost Fallacy
Continuing due to past investment despite new evidence
Finishing a terrible movie because you paid for the ticket
Focus on future costs/benefits; ask “Would I choose this if starting fresh?”
Fundamental Attribution Error
Attributing others’ behavior to character, your own to circumstances
Thinking a colleague who missed a deadline is lazy, but when you do it, it’s because of traffic
Consider situational factors for others; apply same standards to yourself
Negativity Bias
Giving more weight to negative experiences than positive ones
One criticism outweighing five compliments
Consciously give more weight to positive information; keep a gratitude journal

Signs Your Thinking Might Be Biased

Physical Signals: - Increased heart rate or breathing - Tension in your body - Feeling hot or flushed

Cognitive Signals: - Black-and-white thinking - Catastrophizing (“This will be a disaster”) - Mind-reading (“They’re just trying to manipulate people”) - Overgeneralizing (“This always happens”)

Behavioral Signals: - Urge to immediately share content that confirms your views - Dismissing sources without examining their evidence - Avoiding certain topics altogether

Debiasing Strategies

  1. Slow Down: Many biases thrive when thinking quickly and automatically
  2. Consider the Opposite: Deliberately consider alternative viewpoints
  3. Seek Diverse Perspectives: Consult with people who think differently
  4. Use Decision Tools: Checklists, decision matrices, and structured tools
  5. Embrace Intellectual Humility: Acknowledge knowledge limits
  6. Create Distance: View situations as an outside observer would
  7. Quantify When Possible: Replace vague impressions with specific numbers

Remember

Cognitive biases are part of being human. We can’t eliminate them entirely, but awareness is the first step toward mitigation. The goal isn’t perfect rationality but becoming less wrong over time.