Literature review explores the impact of cognitive biases on decision-making, highlighting implications for financial choices and health behaviors.
Human decision-making is often influenced by cognitive biases—systematic patterns of deviation from norm or rationality in judgment. These biases can significantly affect everyday decisions, from financial choices to health-related behaviors. This paper explores the impact of various cognitive biases on daily decision-making processes, examining their origins, manifestations, and implications. Through a comprehensive review of existing literature and empirical studies, this research aims to provide a deeper understanding of how cognitive biases shape our decisions and to suggest strategies for mitigating their effects
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Rose Malinda Andamari Wahyu Utami (2025) studied this question.
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