Survivorship bias

By |2021-02-02T12:52:33+01:00February 2nd, 2021|Innovation|0 Comments

Survivorship bias is one of the most common selection biases, and can be extremely detrimental when assessing whether a new idea or innovation will work. Survivorship bias is the tendency for humans to be aware of an focus on thins (be it people or products) which made it past some selection process, and not pay [...]