Choice supporting bias and Circular economy: Difference between pages

Revision as of 20:45, 1 May 2018

In a circular economy, the value of products and materials is maintained for as long as possible.

Waste and resource use are minimised, and when a product reaches the end of its life, it is used again to create further value.

Ideally, the second and subsequent lives of products are designed into them from the outset.

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-''Cognitive bias''.
+In a circular economy, the value of products and materials is maintained for as long as possible.
-Choice supporting bias is an unconscious cognitive bias.
+Waste and resource use are minimised, and when a product reaches the end of its life, it is used again to create further value.
-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.''
+Ideally, the second and subsequent lives of products are designed into them from the outset.
 == See also ==
-* [[Affinity bias]]
+* [[Ecycling]]
-* [[Bandwagon bias]]
+* [[Recommerce]]
-* [[Behavioural economics]]
+* [[Sustainability]]
-* [[Cognitive bias]]
+* [[Upcycling]]
-* [[Confirmation bias]]
-* [[Diversity]]
-* [[Dunning-Kruger effect]]
-* [[Emotional intelligence]]
-* [[Impostor syndrome]]
-* [[Objectivity]]
-* [[Optimism bias]]
-* [[Reactance bias]]
-* [[Self-investment bias]]
-* [[Social bias]]
-* [[Source bias]]
-[[Category:Working_effectively_with_others]]
-[[Category:Compliance_and_audit]]
-[[Category:Ethics]]