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Hindsight bias
The often erroneous but common belief that one could have predicted a past event more accurately than one has done or that in a past situation one would have taken a decision with a better outcome than the one actually taken by someoneelse – can lead to incorrect explanations for the occurrence of events.
Also known as the I-knew-it-all-along phenomenon. Back to: Glossary A-C, Glossary D-H, Glossary I-P, Glossary Q-S, Glossary T-Z
Glossary of selected Judgement & Decision-making, Belief-related, and other Psychology terms A-Z » (see also: Creeping determinism)
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Hindsight bias |