Document Type

Article

Publication Date

1-1-2007

Publication Title

Social Cognition

Volume

25

Issue Number

1

First Page

32

Last Page

47

DOI

10.1521/soco.2007.25.1.32

Disciplines

Business

Abstract

Extant research has focused largely on what causes hindsight distortion. In contrast, this work examines applied aspects related to the bias in decision-making environments. A conceptual framework is provided and recent real–world examples are presented to outline how decision makers—and those who observe them—show hindsight effects. Then, both negative and positive consequences of the bias are outlined. Strategies are presented to reduce negative effects that occur when decision makers show hindsight distortion. Finally, because it is often not possible to avoid or to correct others' hindsight–tainted evaluations, suggestions for coping with the bias are discussed.

Comments

Tackling the Monday Morning Quarterback: Applications of Hindsight Bias in Decision-Making Settings, Social Cognition, Louie, T. A., Rajan, M. N., & Sibley, R. E. 2007. Copyright Guilford Press. Reprinted with permission of The Guilford Press.

Included in

Business Commons

Share

COinS