Not Enough Meaning
We simplify probabilities and numbers to make them easier to think about
Zero sum bias
Description
A cognitive bias which describes a person's tendency to view a situation as zero-sum (i.e., one person's gain is another's loss).
Zero sum bias in business decision
In negotiations, a manager might assume any concession made to the other party is a direct loss for their company, failing to see potential for mutually beneficial (win-win) outcomes.
Zero sum bias in personal life decision
You assume that when others succeed, your own opportunities diminish, seeing success as a fixed resource.