Why You Avoid Bad News (Ostrich Effect)

We tend to ignore, downplay, or delay addressing issues, often to their detriment, in an attempt to avoid discomfort or anxiety associated with facing difficult realities.

The Ostrich Effect is a cognitive bias where individuals avoid confronting or acknowledging negative information or problems, particularly in financial or personal matters. This bias is akin to an ostrich burying its head in the sand to avoid danger.
#decisionmaking #cognitivebiases #decisions

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0:33 The Ostrich Effect explained
1:15 Ignoring financial losses
2:15 Avoiding going to the hospital
3:30 Why we ignore bad news
4:20 Burying uncomfortable truths
4:45 How we can deal with the Ostrich Effect
5:30 Face the problem head on
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