Egocentric bias refers to the tendency for people to view the world from their own perspective and to overestimate the importance of their own views and experiences. This bias can arise due to a lack of awareness or understanding of other perspectives, and can lead people to make decisions or judgments that are not fully informed or objective.

One of the key ways in which egocentric bias manifests is through a lack of consideration of other perspectives. When people are overly focused on their own views and experiences, they may be less likely to consider the perspectives of others or to seek out diverse sources of information. This can lead to a biased or distorted view of the world, and can affect the way that people make decisions or judgments.

Egocentric bias can also affect the way that people evaluate and compare options. For example, if someone has a strong preference for a particular option, they may be more likely to overlook potential drawbacks or drawbacks of other options. This can lead to a biased evaluation of the options and a suboptimal decision.

The phenomenon of egocentric bias can have significant consequences, as it can lead people to make decisions or judgments that are not fully informed or objective. In addition, it can contribute to a lack of empathy or understanding of others, as people may be less likely to consider the perspectives of others or to seek out diverse sources of information.