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The Role Of Expectation And Memory In The Hindsight Bias Effect: A Test Of Cognitive Reconstruction Models, Ivan K. Ash, Clinton S. Comer

Psychology Faculty Publications

(First Paragraph) The Hindsight Bias Effect (HBE) describes the observation that once people are aware of an outcome to a situation, they have a tendency to falsely believe that they would have predicted the true outcome (see Guibault et al., 2004) Historically, the most popular explanations for this effect can be described as Cognitive Reconstruction Models of retrospective judgment formation (Hawkins & Hastie, 1990). These theories propose the hindsight bias occurs when people do not or cannot directly recall their initial judgment at the point of retrospection. Therefore, people attempt to reconstruct their original predictive judgment by re-judging the situation …