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| 1973 || || {{w|Hindsight bias}}. {{w|Baruch Fischhoff}} attends a seminar where {{w|Paul E. Meehl}} states an observation that clinicians often overestimate their ability to have foreseen the outcome of a particular case, as they claim to have known it all along.<ref name="Fischhoff 2007">{{cite journal | last1 = Fischhoff | first1 = B | year = 2007 | title = An early history of hindsight research | url = | journal = Social Cognition | volume = 25 | issue = | pages = 10–13 | doi = 10.1521/soco.2007.25.1.10 | citeseerx = 10.1.1.365.6826 }}</ref>
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| 1973 || || The {{w|illusion of validity}} bias is first described by {{w|Amos Tversky}} and {{w|Daniel Kahneman}} in their paper.<ref>{{cite web |title=Why are we overconfident in our predictions? |url=https://thedecisionlab.com/biases/illusion-of-validity/ |website=thedecisionlab.com |accessdate=10 April 2020}}</ref>
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| 1974 || Memory bias || {{w|Elizabeth Loftus}} and John Palmer conduct a study to investigate the effects of language on the development of {{w|false memory}}.<ref name="Loftus1">{{cite journal |doi=10.1016/s0022-5371(74)80011-3 |title=Reconstruction of automobile destruction: An example of the interaction between language and memory |journal=Journal of Verbal Learning and Verbal Behavior |volume=13 |issue=5 |pages=585–589 |year=1974 |last1=Loftus |first1=Elizabeth F. |last2=Palmer |first2=John C. }}</ref> .
