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Simplify the rational expression.
Hindsight Bias
The tendency to believe, after learning an outcome, that one would have foreseen it, known also as the "I-knew-it-all-along" effect.
Confirmation Bias
The tendency to favor, interpret, and recall information in a way that confirms one's preexisting beliefs or hypotheses.
Representativeness Heuristic
A cognitive shortcut that involves judging the probability of an event by its similarity to a prototype or an example that comes to mind, rather than on objective probability.
Availability Heuristic
A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method, or decision.
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