What Is False Uniqueness Bias In Behavioral Economics?

False uniqueness bias is a phenomenon in which people have a tendency to underestimate the extent to which others share their abilities, experiences, or characteristics. This can happen when people see their own abilities or experiences as being more rare or special than they really are, and assume that others do not have the same abilities or experiences. For example, if you are good at a particular skill, you may assume that you are the only one who has that skill, even if many other people also have that skill. False uniqueness bias can lead to misunderstandings and conflicts, as people may not realize that their abilities or experiences are not as unique as they think. To avoid false uniqueness bias, it is important to be aware of our own biases and to make an effort to consider the perspectives of others, even if they differ from our own.

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