Survivorship Bias

Cognitive Bias
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Devayani Vyavaharkar
Student (University), India
We all have often seen articles like: "12 things successful people do differently'" or "20 tips from the world's most successful people". Logically speaking, if it helped them to attain success, it should also help us with a similar paradigm. However, such type of logic is structurally flawed. If we only take advice from successful people and ignore all failures, we will be left with a distorted view of reality. Such types of articles tend to focus only on survivors, i.e., the people who made it. They do not consider the thousands of others who followed their steps to become successful but are not successful today. What is Survivorship Bias? Survivorship bias, also known as survival bias, is the human tendency to focus only on survivors instead of everyone (including those who did not survive). This bias tends to focus our attention on winners and not losers, prosperous and successful, but not on a thousand others who worked hard but failed. Survivorship bias rules our lives in the (...) Read more? Sign up for free

  Graham Williams
Management Consultant, South Africa
 

Survivorship Bias and Extrinsic Motivations

In essence, what you are saying Devayani is be war (...)

  Devayani Vyavaharkar
Student (University), India
 

Reducing Survivorship Bias

@Graham Williams Thanks a lot for appreciating thi (...)

  Jaap de Jonge
Editor, Netherlands
 

Survivorship Bias and Drivers of People

Different people have different drivers, needs and (...)

  j.a. karman
ICT Consultant, Netherlands
 

How can Survivorship Bias be Avoided?

Your question on the driver for choosing out of op (...)

  srinivas
Lecturer, India
 

Cause of Survivorship Bias

A person that has survived or even thrived in any (...)

 

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