Definition/ Meaning/ Explanation
A kind of selection bias where the decision makers only focus on the successes and fail to consider the failures. This leads to a false conclusion where a product or service may receive undue credit while its harms or defects remain ignored and unattended.

Diagrams


Originated from/Coined by
Elton, Gruber, and Blake

Further Reading/ References
https://brilliant.org/wiki/survivorship-bias/
https://en.wikipedia.org/wiki/Survivorship_bias
https://steemkr.com/politics/@kyriacos/the-american-dream-is-really-just-survivorship-bias-on-steroids


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