The Consequences of the Hindsight Bias in Medical Decision Making
Abstract
The hindsight bias manifests in the tendency to exaggerate the extent to which a past event could have been predicted beforehand. This bias has particularly detrimental effects in the domain of medical decision making. I present a demonstration of the bias, its contribution to overconfidence, and its involvement in judgments of medical malpractice. Finally, I point out that physicians and psychologists can collaborate to the mutual benefit of both professions.
