Decision-Making Test
A free test of how well you avoid common decision-making biases. Answer 10 real-life scenarios and get a score with an explanation for each.
Built & reviewed by Ankit Madia
What This Decision-Making Test Does
Every day we make choices with money, time and risk, and our brains use shortcuts to decide quickly. Those shortcuts, called cognitive biases, are useful but they also lead to predictable mistakes. This test gives you 10 realistic scenarios, each quietly built around a well-known bias, and scores how often you make the clear-headed choice.
Biases You Will Meet
- Sunk cost fallacy: sticking with something because of time or money already spent.
- Loss aversion: fearing a loss far more than valuing an equal gain.
- Anchoring: leaning on the first number you see, like a struck-through price.
- Base rate neglect: ignoring how rare or common something is.
- Gambler's fallacy: thinking a run of luck must reverse.
- Present bias: over-valuing a reward today versus a bigger one soon.
- Confirmation bias: seeking only the evidence that agrees with you.
Why It Matters for Money
Most costly financial mistakes are not about maths, they are about these biases. Holding a losing stock to avoid admitting a loss, chasing a 'discount', or spending a bonus instead of clearing high-interest debt are all bias-driven. Spotting the pattern is what separates calm, rational money decisions from expensive ones.
An Honest Note
This is a short, for-fun self-assessment built on classic reasoning puzzles. It is not a psychological or clinical test, so enjoy the score and the explanations, but do not treat it as a formal measure of your judgement.