Cognitive biases and mindfulness
Abstract In a study testing whether mindfulness decreases cognitive biases, respondents answered 22 standard cognitive bias questions to measure susceptibility to the endowment effect, overconfidence, mental accounting, anchoring, loss aversion, and 17 other biases, as well as the 14 questions of th...
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2021-02-01
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Online Access: | https://doi.org/10.1057/s41599-021-00712-1 |
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doaj-037e01bcbe4349a7b5783806bd9a8de12021-02-07T12:06:12ZengSpringer NatureHumanities & Social Sciences Communications2662-99922021-02-018111110.1057/s41599-021-00712-1Cognitive biases and mindfulnessPhilip Z. Maymin0Ellen J. Langer1Fairfield UniversityHarvard UniversityAbstract In a study testing whether mindfulness decreases cognitive biases, respondents answered 22 standard cognitive bias questions to measure susceptibility to the endowment effect, overconfidence, mental accounting, anchoring, loss aversion, and 17 other biases, as well as the 14 questions of the Langer mindfulness survey (LMS), measuring the traits of novelty-seeking, novelty producing, and engagement. A portion of the respondents were randomly pre-assigned to a condition that induced mindfulness. On 19 of the 22 biases, those induced to be mindful were less likely to show the bias. They also scored higher on 11 of the 14 LMS questions. The method by which we induced mindfulness was unrelated to the context of the later questions, involving image comparisons and standard Langerian instructions to notice three new things. People can boost their decision-making abilities merely by increasing their mindfulness, with no need for meditation, psychological training, or statistical education.https://doi.org/10.1057/s41599-021-00712-1 |
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DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Philip Z. Maymin Ellen J. Langer |
spellingShingle |
Philip Z. Maymin Ellen J. Langer Cognitive biases and mindfulness Humanities & Social Sciences Communications |
author_facet |
Philip Z. Maymin Ellen J. Langer |
author_sort |
Philip Z. Maymin |
title |
Cognitive biases and mindfulness |
title_short |
Cognitive biases and mindfulness |
title_full |
Cognitive biases and mindfulness |
title_fullStr |
Cognitive biases and mindfulness |
title_full_unstemmed |
Cognitive biases and mindfulness |
title_sort |
cognitive biases and mindfulness |
publisher |
Springer Nature |
series |
Humanities & Social Sciences Communications |
issn |
2662-9992 |
publishDate |
2021-02-01 |
description |
Abstract In a study testing whether mindfulness decreases cognitive biases, respondents answered 22 standard cognitive bias questions to measure susceptibility to the endowment effect, overconfidence, mental accounting, anchoring, loss aversion, and 17 other biases, as well as the 14 questions of the Langer mindfulness survey (LMS), measuring the traits of novelty-seeking, novelty producing, and engagement. A portion of the respondents were randomly pre-assigned to a condition that induced mindfulness. On 19 of the 22 biases, those induced to be mindful were less likely to show the bias. They also scored higher on 11 of the 14 LMS questions. The method by which we induced mindfulness was unrelated to the context of the later questions, involving image comparisons and standard Langerian instructions to notice three new things. People can boost their decision-making abilities merely by increasing their mindfulness, with no need for meditation, psychological training, or statistical education. |
url |
https://doi.org/10.1057/s41599-021-00712-1 |
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