Cognitive biases and mindfulness

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...

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Published in:Humanities & social sciences communications 2021-12, Vol.8 (1), p.1-11, Article 40
Main Authors: Maymin, Philip Z., Langer, Ellen J.
Format: Article
Language:English
Subjects:
Behavior
Bias
Coffee
Humanities
Meditation
Mindfulness
Rationality
Social sciences
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description 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.
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subjects Behavior
Bias
Coffee
Humanities
Meditation
Mindfulness
Rationality
Social sciences
title Cognitive biases and mindfulness
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