How to Overcome Judgement Noise

Cognitive Bias
Knowledge Center

 

Next Topic

Cognitive Bias > Best Practices > How to Overcome Judgement Noise

How to Overcome Judgement Noise
Chloe Xu, Director, Australia, Premium Member
As human beings, our judgements can be strongly influenced by irrelevant factors. Even professionals with rich experience on the job treat identical cases quite differently at different time points, according to studies. Kahneman et al. (2016) termed the chance of such variability as (judgement) noise, which has been identified by their study as one of the most prevalent but overlooked problems that harm companies' bottom line. WHAT IS NOISE? Like bias, noise (aka random error, random variation, variability) is a type of error in judgement and decision-making. However, biases cluster together while noises widely scatter when both are compared with what the accurate one is (variability). An increase in noise always harms accuracy when there is no bias in system. When bias is presented, increasing noise may actually cause a lucky hit. Of course, no organization would put its trust in luck, therefore noise is always undesirable. HOW TO MEASURE NOISE Unlike bias, noise is no (...) Read more? Sign up for free

Please register now to read all responses and to join this discussion yourself. It's easy and 100% free.

Sign up for free     Log in


   
Special Interest Group Leader

Are you an expert in this field? Sign up for free


Cognitive Bias
Summary
Forum
🔥Hindsight Bias
Overview of 180+ Cognitive Biases
Survivorship Bias
Best Practices
🥇Stories About Human Biases 😃
🥈Your Customers, Employees, Managers and Stakeholders are all Irrational: Behavioral Economics
🥉How to Avoid Biases in Recruitment and Talent Management
Cognitive Bias Literature
How to Fight Cognitive Bias?
How to Overcome Judgement Noise
Outcome Bias in Decision Making
Perceptions Errors and Cognitive Bias are Similar
What are Heuristics?


Cognitive Bias
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.5 - Last updated: 10-8-2020. All names of their owners.