Definition/ Meaning/ Explanation
The bias associated with the belief that the event was predictable (before its occurrence) after it has occurred. In reality, the basis of predictability of the event in the way it has occurred is never found. So, it is just the perception of people that they could have known about the event that has occurred.

Diagrams


Originated from/Coined by


Further Reading/ References
https://en.wikipedia.org/wiki/Hindsight_bias


Category: Learning, Thinking        Tags: Hindsight Bias, Mental Models