Rational brain · Judgment & Decision Science
Self-Serving Bias
Credit for success goes to your skill; blame for failure goes to circumstances; the pattern protects self-esteem and blocks learning.
An everyday example
A quarter beaten by the market attributed to strategy; a quarter lost to the market attributed to the market.
What it can cost you
Learning nothing from wins or losses; counterparts who apply the same asymmetry to your joint work.
Warning signs
- My wins are skill and my losses are luck.
- The reverse for everyone else.
One thing to do
For every outcome, write one internal and one external cause; review both lists at the end of the quarter.
Is this happening to you right now?
Describe your situation and get a read across all six brains. No account needed.
Check my situationRelated
Not medical, legal or financial advice. How Decision IQ works
One decision idea a week
One useful idea. No daily drip, no pressure.