mindfulness ↔ cognitive bias

Relations (1)

related 2.00 — strongly supporting 3 facts

Mindfulness is related to cognitive bias as it serves as a mental training technique that reduces such biases through the S-ART framework [1] and assists in rational decision-making by addressing these biases [2], [3].

Facts (3)

Sources

Behavioral Finance: The Psychology behind Financial Decision ... abacademies.org Robinson Arran · Business Studies Journal 2 facts

claimTechniques such as mindfulness, self-awareness, and cognitive reframing can assist investors in making more rational financial choices by addressing cognitive biases.

Self-awareness, self-regulation, and self-transcendence (S-ART) frontiersin.org Frontiers in Human Neuroscience 1 fact

claimWithin the S-ART framework, mindfulness reduces cognitive and emotional biases through mental training that develops three components: meta-awareness of self (self-awareness), the ability to manage or alter responses and impulses (self-regulation), and the development of a positive relationship between self and other that transcends self-focused needs (self-transcendence).