Our species’ ability to perceive reality as objectively as possible and make critical sense of it is thwarted by a wide variety of “reasoning traps” that are hard—wired in our brain by hundreds of thousands of years of evolution.
The study of those cognitive snares is part of Behavioural Economics, the discipline that investigates the effects of psychological, cognitive, emotional, cultural and social factors on decision making.
This infographic and its accompanying article, recently published by Visual Capitalist, offer a concise description of 24 of the most important and frequent biases, fallacies, heuristics that distort our thinking.