“The Power and Pitfalls of Commitment and Consistency Bias: Unveiling the Invisible Hand”
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Commitment and consistency bias, a cognitive phenomenon deeply rooted in human psychology, shapes our beliefs, decisions, and actions more than we often realize. This bias compels individuals to adhere to their prior commitments and beliefs, even when faced with contradicting evidence. This article delves into the intricate workings of commitment and consistency bias, exploring its underlying mechanisms, its impact on decision-making, and its implications in various contexts. Through a critical lens, we examine how this bias influences our behavior and perception, and discuss strategies to mitigate its effects.