What is the hindsight bias?
A) Changing viewpoints based on new information but not admitting the change
B) Changing viewpoints based on new information
C) The ability to objectively assess what they should or would have done after the fact (also known as Monday morning quarterbacking)
D) Only occurs in situations that end in less than optimal outcomes

Question

Quizplus · Accepted Answer

A) The hindsight bias is a lie (to ourselves or others) that we held the position originally when we changed to the "correct" answer/viewpoint/decision after learning new information or learning the outcome.

What Is the Hindsight Bias