Philosophy
Cognitive Bias – A Thinking Trap: How Biases Affect Decisions In Oil & Gas Exploration And Beyond
Cognitive bias is a mental shortcut that influences our thinking and decision-making. This article discusses the financial, emotional, and reputational tolls we often pay in the business, as well as in our lives due to such shortcuts to overcome everyday issues. This article also highlights how critical thinking can help see the other side of the coin.