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Discuss Novelty and Cognitive Bias: Which characterizations of cognitive bias ha

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Discuss Novelty and Cognitive Bias: Which characterizations of cognitive bias have you experienced?
Describe them and how they may have contributed to a poor outcome. 
1) Overweighing one’s experience
2) Illusion of experience
3) Overconfidence
4) Failure to observe or believe disconfirming evidence
5) Escalation of commitment
6) Migration of objectives
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