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Hindsight bias

🧠 Psychology By CampusDown Wiki Editorial Team Last updated
Hindsight bias is the tendency, after learning an outcome, to see it as having been more predictable than it was: the “I knew it all along” effect.
Contents
  1. 1. Overview
  2. 2. Frequently asked questions
  3. 3. References

Overview

Fischhoff (1975) showed that people told an outcome judged it far more likely. Roese and Vohs (2012) describe three levels: memory distortion, inevitability and foreseeability. It distorts lessons in investing, medicine and law. Record predictions and consider alternative outcomes. See survivorship bias.

Frequently asked questions

Why is outcome-based judgement unfair?
Good decisions can have bad luck.

References

  1. Fischhoff, B. (1975). Hindsight ≠ foresight: The effect of outcome knowledge on judgment under uncertainty. Journal of Experimental Psychology: Human Perception and Performance, 1(3), 288–299.
  2. Roese, N. J., & Vohs, K. D. (2012). Hindsight bias. Perspectives on Psychological Science, 7(5), 411–426.

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This article was last updated on October 24, 2026. It is based on widely recognized original works and textbooks; when citing it in a paper, please check the original sources listed in the references.