Cognitive Bias Episode 9 - Recency bias

Peter and Mirta's series on cognitive biases continues!

 

There are a few different cognitive biases that have a powerful influence on how you think, how you feel, and how you behave. Each episode will touch on a different bias. So make sure you tune in to them all!

 

This week Peter and Mirta talk about the Recency bias. Recency bias favours recent events over historic ones. Recency bias gives greater importance to the most recent event, such as the final lawyer's closing argument a jury hears before being dismissed to deliberate.

 

Recency bias should not be confused with anchoring or confirmation bias (which you can learn about in earlier podcasts). It commonly appears in employee evaluations, as a distortion in favour of recently completed activities or recollections.

 

If you’re enjoying the series and getting value out of the episodes please remember to share them around!

 

The hosts also love to hear any feedback or answer questions you may have, so feel free to send them a message at peter.cronin@viago.com.au or mirta@viago.co.nz!