Cognitive dissonance
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Behavioural skills - cognitive bias.
Cognitive dissonance is discomfort experienced when holding conflicting beliefs or making decisions that contradict one's existing values.
This can influence risk management by causing individuals to rationalise decisions that are not in an organisation’s best financial interest.
See also
- Affinity bias
- Bandwagon bias
- Behavioural economics
- Behavioural skills
- Bias
- Choice supporting bias
- Cognitive bias
- Cognitive science
- Confirmation bias
- Default bias
- Diversity
- Dunning-Kruger effect
- Emotional intelligence
- Executive coaching
- FOMO
- Framing effect
- Groupthink
- Hindsight bias
- Impostor syndrome
- Maslow's hammer
- Objectivity
- Optimism bias
- Reactance bias
- Regret aversion
- Risk management
- Self-investment bias
- Self-serving bias
- Social bias
- Source bias
- Status quo bias
- Values
- Working effectively with others