Proximity bias

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Proximity bias refers to the cognitive bias that people have a preference for things that are close in time and space. [1]

Contents

The common proverb, out of sight, out of mind, is a reflection of proximity bias. [2]

Origin

Proximity bias originates as an evolutionary social psychology trait when people lived in physically close-knit communities for survival. [3]

Workplace

Within the workplace, proximity bias may be exhibited towards onsite workers and against remote workers. [4] [2]

Finance

People exhibit a proximity bias in their investments. [5]

See also

References

  1. ↑ Luthra, Poornima; Muhr, Sara Louise (26 December 2023). Leading Through Bias: 5 Essentials Skills to Block Bias and Improve Inclusion at Work. Springer Nature. p. 122. ISBN   978-3-031-38571-1 . Retrieved 22 July 2024.
  2. 1 2 Lutkevich, Ben (April 25, 2023). "Proximity bias explained: Everything you need to know". TechTarget . Retrieved 22 July 2024.
  3. ↑ "Understanding the Origin of Proximity Bias". Winning in the Virtual Workplace: 10 Experts Reveal How to Lead Your Remote Team to Success. Center for the Advancement of Virtual Organizations. 5 April 2024. ISBN   979-8-9894894-1-1 . Retrieved 22 July 2024.
  4. ↑ Tsipursky, Gleb (4 October 2022). "What Is Proximity Bias and How Can Managers Prevent It?". Harvard Business Review. Retrieved 22 July 2024.
  5. ↑ Lindblom, Ted; Mavruk, Taylan; Sjögren, Stefan (6 August 2017). Proximity Bias in Investors' Portfolio Choice. Springer. ISBN   978-3-319-54762-6 . Retrieved 22 July 2024.
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