Cognitive myopia is the concept of recent past playing a unpropotionally significant role in making judgments.
Remember the last time you were pretty angry about someone close to you about something they did. Did you think about all other good things that he or she did over the years or you just are consumed about the last thing that he or she did that made you angry ?
Remember the last time you thought stock market would be going up and up and did not sell stock. I bet its right after you have seen the stock market going up. Remember the last time you thought the stock market will never end going down and sold stock - its the time after it went down and down. You actually bought high and sold low. Even if you knew the stock market was up long ago before it went down recently or viceversa that did not enter into your judgmental analysis ?
Remember the last time when you ate a lot even though when you are diet. The recent past of happiness played way significant role in your judgement !. We will all be happy when we recognize and control cognitive myopia don't we ;)
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1 comment:
Imagine my joy when I thought up this concept,googled this term and was shocked to see it does exist!
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