Economics A-Level
Cognitive bias
What Cognitive bias means in Economics A-Level, as defined for AQA.
Definition of Cognitive bias
Check what you remember
Read the wording for your board, then hide it and explain Cognitive bias in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A systematic error in thinking that affects the decisions and judgments that people make.
Topics that use Cognitive bias
- Aspects of behavioural economic theory (AQA A-Level)
Related terms
- Anchoring
- Availability bias
- Behavioural economics
- Bounded rationality
- Bounded self-control
- Consumer behaviour
- Equity and fairness
- Satisficing behaviour
Using Cognitive bias in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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