What is Recency Bias? What does it mean?

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  • čas přidán 29. 08. 2022
  • Today we're defining and giving examples for how to use the term 'recency bias.' More recent occurrences tend to be more positive, hence why people love the newest movies, games, etc. It fades over time sure, but it may affect things like Academy Awards and Game of the Year awards.
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Komentáře • 5

  • @IAYTD
    @IAYTD  Před rokem +1

    What other words or phrases would you like discussed?

    • @2Manolo3
      @2Manolo3 Před rokem

      Dichotomy, conundrum, inflation, anarchy, fiat (as in fiat money), the word government and democracy and the word investment. It seems that investment used to mean to invest (your time) to nourish, to feed and help grow, ... But now an investment is anything that makes you profit. Words have power and sometimes the meaning of a word changes.
      Sometimes definitions are changed on purpose, like with inflation and anarchy.

  • @patdzon
    @patdzon Před rokem +1

    Your video is so perfect in explaining this cuz of GOTY 2022! LOL I wasn't expecting the video game example.

  • @gameboylady5552
    @gameboylady5552 Před 9 měsíci

    what if i just have bad memory, then if i judge something more recent as better, am i still considered having recency bias?