Cognitive Bias 4 of 25: Doubt/Avoidance Tendency
Doubt is perceived as a type of pain, in our brains. It is to feel uncertain or to have fear for the future. People try to avoid doubt if they can. In buying scenarios we avoid the doubt, of potentially making a poor decision, by acting fast. We know that if we act fast that we can just avoid the negative feelings that come with doubt all together. The only catch that comes with these poor decisions is a hit to your confidence. If you make enough bad decisions, you will doubt yourself and wonder if you will ever be able to make the right call. The doubt, in your mind, gets transferred to doubt in yourself. Ultimately, it is best to avoid hasty decisions all together. What to Look Out For Doubt tends to make us cut out time, in our decision making process. Hence the classic impulse buy scenario. My sister and I joke all the time of how she'll go to Target to get a few items and leave with 14 extra things she didn't plan on buying. Big box retailers are set us so well that ...