Outcome Bias Fallacy Examples. Examples of Fallacious Reasoning. Consequences More often than not the outcome bias has harmful consequences to us because it prevents us from learning the right lessons from previous experiences and makes us blind to the real risks of a certain action.
Individuals whose judgments are influenced by outcome bias are seemingly holding decision-makers responsible for events beyond their control. For example a gym might feature those who have quickly toned up after having been to their facility but of course what they never show they are those who have signed up but have not obtained more than a depleted bank account. Examples of survival bias Once we are familiar with the idea of survival bias we can start to spot it everywhere.
1 Straw Man Fallacy.
A bias whereby a situation is incorrectly perceived to be like a zero-sum game ie one person gains at the expense of another. Ignoring an obvious negative situation. For example in one scenario a real estate agent fails to disclose to the customers the high probability of the basement of the house flooding. Examples of survival bias Once we are familiar with the idea of survival bias we can start to spot it everywhere.