Chip card and Choice supporting bias: Difference between pages

Revision as of 10:49, 1 January 2019

Cognitive bias.

Choice supporting bias is an unconscious cognitive bias.

It leads to characterising past decisions as good decisions.

Doomed to repeat

"We tend to remember our decisions as better than they were, excluding from memory events or effects that were less positive.

We are then doomed to repeat poor decisions."

The Treasurer magazine, December 2018 / January 2019, p41 - Dr Pete Jones, Chartered Psychologist.

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-A card containing one or more computer chips or integrated circuits for identification, data storage or special-purpose processing used to validate personal identification numbers (PINs), authorise purchases, verify account balances and store personal records.
+''Cognitive bias''.
+Choice supporting bias is an unconscious cognitive bias.
+It leads to characterising past decisions as good decisions.
+<span style="color:#4B0082">'''''Doomed to repeat'''''</span>
+:"We tend to remember our decisions as better than they were, excluding from memory events or effects that were less positive.
+:We are then doomed to repeat poor decisions."
+:''The Treasurer magazine, December 2018 / January 2019, p41 - Dr Pete Jones, Chartered Psychologist.''
-Also known as an IC (integrated circuit) card or smart card.
 == See also ==
-* [[Electronic purse]]
+* [[Affinity bias]]
-* [[EMV card]]
+* [[Bandwagon bias]]
-* [[IC]]
+* [[Behavioural economics]]
-* [[Integrated circuit card]]
+* [[Cognitive bias]]
-* [[Prepaid card]]
+* [[Confirmation bias]]
-* [[Smart cards]]
+* [[Diversity]]
+* [[Dunning-Kruger effect]]
+* [[Emotional intelligence]]
+* [[Impostor syndrome]]
+* [[Objectivity]]
+* [[Optimism bias]]
+* [[Reactance bias]]
+* [[Self-investment bias]]
+* [[Social bias]]
+* [[Source bias]]
-[[Category:Financial_products_and_markets]]
+[[Category:Working_effectively_with_others]]
-[[Category:Technology]]
+[[Category:Compliance_and_audit]]
+[[Category:Ethics]]