Cognitive Biases in Poker
I think it would benefit everyone to familiarize themselves with these common cognitive biases. A cognitive bias is a pattern of deviation in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.
Negativity bias is the psychological phenomenon by which humans have a greater recall of unpleasant memories compared with positive memories. People are seen to be much more biased to the avoidance of negative experiences. They seem to behave in ways that will help them avoid these events. With this, humans are much more likely to recall and be influenced by the negative experiences of the past.
Confirmation Bias (http://en.wikipedia.org/wiki/Confirmation_bias)
Confirmation bias (also called confirmatory bias or myside bias) is the tendency of people to favor information that confirms their beliefs or hypotheses. People display this bias when they gather or remember information selectively, or when they interpret it in a biased way.
The Dunning-Kruger Effect (http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect)
The Dunning–Kruger effect is a cognitive bias in which unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than is accurate. This bias is attributed to a metacognitive inability of the unskilled to recognize their ineptitude. Actual competence may weaken self-confidence, as competent individuals may falsely assume that others have an equivalent understanding.
How might these biases show up in your poker game
? In your opponents poker game? How can you avoid them? How can you exploit them?