The present article reviews current research on the application and extension of the lens
model to interpersonal judgments. We first explain how the basic lens model can be used to …

Hindsight bias occurs when people feel that they “knew it all along,” that is, when they
believe that an event is more predictable after it becomes known than it was before it …

After learning an event's outcome, people's recollection of their former prediction of that
event typically shifts toward the actual outcome. Erdfelder and Buchner (Journal of …

Abstract Knowledge can be a curse: Once we have acquired a particular item of knowledge
it tends to bias, or contaminate, our ability to reason about a less informed perspective …

The complex world of finance is characterised by numerous irrationalities that
representatives of behavioral finance seek to explain by cognitive biases (flaws, inclinations …

The labelling effect describes cases in which a verbal label is affixed to a stimulus and then
exerts its distorting influence in subsequent judgment or recall of that stimulus (cf. the …

The present article integrates research on the accurate inference of personality traits with
process models of hindsight bias (the tendency to exaggerate in hindsight what one had …

Understanding the antecedents of social entrepreneurship is critical for unleashing the
potential of social entrepreneurship and thus for tackling social problems. While research …

Abundant research has shown that people fail to disregard to-be-ignored information (eg,
hindsight bias, curse of knowledge), which has contributed to the popular notion that people …

The present research sought to examine the impact of narcissism, prediction accuracy, and
should counterfactual thinking—which includes thoughts such as “I should have done …