Outcome Bias: Judging Decisions by Results

Outcome Bias: Judging Decisions by Results

Outcome bias means rating a decision by how it turned out instead of how reasonable it was at the time. Writers may cite contexts such as casino uden om rofus
to discuss why “good result” doesn’t always mean “good choice” under uncertainty.

Improve learning by reviewing process quality: information, odds, and alternatives.

Good processes produce good averages, not guaranteed single outcomes.

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