Cognitive biases in general
The ICAEW Library & Information Service provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.
Bias Busters Collection
Series of articles on common cognitive and organisational biases. Each article sets out a dilemma, then outlines the research on the type of bias being encountered and puts forward a remedy.
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Outsmart Your Own Biases: Eleven ways to refine your intuition
Article providing strategies for overcoming biases, enabling individuals to make better decisions and broaden their thinking.
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Data visualization and cognitive biases in audits
This study examines how cognitive biases can be triggered or aggravated by data visualisation and proposes practical solutions to address adverse effects on auditors’ judgment and decision-making.
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Identifying common judgement traps and biases
An accessible overview of the habits and ethical blind spots that can affect decision-making in management accounting.
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Cognitive Biases in Audit Engagements: Errors in Judgment and Strategies for Prevention
The article discusses confirmation bias, availability bias, familiarity bias, anchoring and adjustment bias, uncertainty aversion, framing bias, halo bias, irrational escalation, and false consensus bias in the context of audit work.
Groupthink
The ICAEW Library & Information Service provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.
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How to Steer Clear of Groupthink
This brief article outlines three methods for avoiding groupthink and encouraging innovation and creativity in teams.
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How diversity defeats groupthink
The article describes the history of groupthink as a concept and research on why diversity in teams can combat groupthink. It gives tips on how to ensure all perspectives are heard in decision-making.
Motivated reasoning
The ICAEW Library & Information Service provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.
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The stupidity trap
This article discusses ways in which intelligence and expertise can increase the risk of poor decision-making. It looks at dysrationalia, Solomon’s paradox, motivated reasoning, earned dogmatism, and corporate meeting syndrome.