Benchmark and Cognitive bias: Difference between pages

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1.  
''Behavioural skills''.


A standard of performance set by the market (such as stock market index) or by an institutional investor (such as an internally developed benchmark) against which the performances of a fund or portfolio can be managed and tracked.
Cognitive biases are distortions in daily-decision making processes.


Cognitive biases include a number of social biases, for example affinity bias.


2.


Similar measures relating to the performance of other organisations or departments.
Cognitive bias is more likely in situations where one or more of the following is present:
 
*Lack of information
 
*Ambiguous information
3.
*Too much information, leading to cognitive overload
 
*Being required to make decisions quickly
An officially published rate of interest, from which a rate of interest payable or receivable is calculated.
*Being reliant on flawed memory




== See also ==
== See also ==
* [[Base rate]]
* [[Affinity bias]]
* [[Benchmarking]]
* [[Bandwagon bias]]
* [[EURIBOR]]
* [[Behavioural economics]]
* [[Spread to Treasury/ Governments]]
* [[Behavioural skills]]
* [[Best practice]]
* [[Choice supporting bias]]
* [[Cognitive science]]
* [[Confirmation bias]]
* [[Default bias]]
* [[Diversity]]
* [[Dunning-Kruger effect]]
* [[Emotional intelligence]]
* [[Executive coaching]]
* [[Groupthink]]
* [[Hindsight bias]]
* [[Impostor syndrome]]
* [[Maslow's hammer]]
* [[Objectivity]]
* [[Optimism bias]]
* [[Reactance bias]]
* [[Self-investment bias]]
* [[Self-serving bias]]
* [[Social bias]]
* [[Source bias]]
* [[Status quo bias]]
* [[Working effectively with others]]


[[Category:Working_effectively_with_others]]
[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]

Revision as of 17:26, 4 October 2021

Behavioural skills.

Cognitive biases are distortions in daily-decision making processes.

Cognitive biases include a number of social biases, for example affinity bias.


Cognitive bias is more likely in situations where one or more of the following is present:

  • Lack of information
  • Ambiguous information
  • Too much information, leading to cognitive overload
  • Being required to make decisions quickly
  • Being reliant on flawed memory


See also