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| ''Self management and accountability - working effectively with others - cognitive bias''.
| | Ring-fenced financing vehicle. |
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| Hindsight bias is the systematic tendency to retrospectively characterise events as more foreseeable than they actually are.
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| This leads to individuals overestimating their ability to forecast future events.
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| It is an important failing in poor risk management decisions, and poor investment decisions.
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| == See also ==
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| * [[Behavioural economics]]
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| * [[Cognitive bias]]
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| * [[Dunning-Kruger effect]]
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| * [[Objectivity]]
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| * [[Optimism bias]]
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| * [[Risk management]]
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| * [[Self-investment bias]]
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| * [[Self management and accountability]]
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| * [[Working effectively with others]]
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| [[Category:Self_management_and_accountability]]
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| [[Category:Working_effectively_with_others]]
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| [[Category:Investment]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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Revision as of 16:41, 7 March 2015
Ring-fenced financing vehicle.