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<div class="res-img">[[File:Hindsight bias.png|alt=Hindsight Bias|center|Cognitive dissonance quote]]</div> | <div class="res-img">[[File:Hindsight bias.png|alt=Hindsight Bias|center|Cognitive dissonance quote]]</div> | ||
[[File:Hindsight Bias Flowchart.png|alt=Hindsight Bias Flowchart|thumb|'''Figure 1'''. Hindsight Bias Flowchart]] | |||
'''Hindsight bias, also known as the "''I-knew-it-all-along''" phenomenon, is a cognitive bias that refers to the tendency of people to believe, after an event has occurred, that they would have predicted or expected the outcome of that event.''' For instance, when people are asked to remember a former prediction after having received feedback on the outcome, their recollection tends to approach the feedback answer. | '''Hindsight bias, also known as the "''I-knew-it-all-along''" phenomenon, is a cognitive bias that refers to the tendency of people to believe, after an event has occurred, that they would have predicted or expected the outcome of that event.''' For instance, when people are asked to remember a former prediction after having received feedback on the outcome, their recollection tends to approach the feedback answer. | ||