Major Sources of Errors
Because forecasting errors commonly arise from literature on cognitive processes, many affective forecasting errors derive from and are often framed as cognitive biases, some of which are closely related or overlapping constructs (e.g. projection bias and empathy gap). Below is a list of commonly cited cognitive processes that contribute to forecasting errors.
Read more about this topic: Affective Forecasting
Famous quotes containing the words major, sources and/or errors:
“A major difference between witches and psychotherapists is that witches see the mental health of women as having important political consequences.”
—Naomi R. Goldenberg (b. 1947)
“No drug, not even alcohol, causes the fundamental ills of society. If we’re looking for the sources of our troubles, we shouldn’t test people for drugs, we should test them for stupidity, ignorance, greed and love of power.”
—P.J. (Patrick Jake)
“I shall do less whenever I shall believe what I am doing hurts the cause, and I shall do more whenever I shall believe doing more will help the cause. I shall try to correct errors when shown to be errors; and I shall adopt new views so fast as they shall appear to be true views.”
—Abraham Lincoln (1809–1865)