---
title: "Meaning & Key Takeaway of: The psychological bias here is called…"
description: "\"“The psychological bias here is called competition neglect, and was initially identified by Camerer and Lovallo (1999). The bias is quite simply when p..."
image: "https://sms4smile.com/quotes/i/5d2/rich-jolly-11173_bias_the-psychological-bias-here-is-called-co_2683596.jpg"
---

#  The psychological bias here is called competition neglect…

![“The psychological bias here is called competition neglect, and was initially identified by Camerer and Lovallo (1999). The bias is quite simply when people do not consider that the results from their decision depends on how others will act.” quote by Rich Jolly](https://sms4smile.com/quotes/i/5d2/rich-jolly-11173_bias_the-psychological-bias-here-is-called-co_2683596.jpg)   [Download](https://sms4smile.com/quotes/i/5d2/rich-jolly-11173_bias_the-psychological-bias-here-is-called-co_2683596.jpg) [Open image](https://sms4smile.com/quotes/i/5d2/rich-jolly-11173_bias_the-psychological-bias-here-is-called-co_2683596.jpg)

> ““The psychological bias here is called competition neglect, and was initially identified by Camerer and Lovallo (1999). The bias is quite simply when people do not consider that the results from their decision depends on how others will act.””

[Rich Jolly](https://sms4smile.com/quotes/author/rich-jolly/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Competition neglect is ignoring how others’ actions affect your outcomes, leading to poor decisions.

**In simple terms:** Ignore others’ impact.

Key Takeaway

Consider interdependence in choices.

Themes

decision making bias competition interdependence

Mood

analytical cautious

Type

business psychological

When to use this quote

- business strategy
- team projects
- policy design

Key Concepts

behavioral economics psychology

Questions to Reflect On

- How does others’ behavior influence your plans?
- What mechanisms can you use to anticipate their actions?

A Different Perspective

May overemphasize self‑reliance.

★ ★ ★ ★ ★   No ratings yet

[Bias](https://sms4smile.com/quotes/about/bias/) [Psychology](https://sms4smile.com/quotes/about/psychology/)

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