The seven biases that control your life

A structural breakdown of the seven cognitive patterns that quietly run your money, ambition, and execution. Seven lenses. One connected sequence.

A structural breakdown of the seven cognitive patterns that quietly run your money, ambition, and execution. Seven lenses. One connected sequence.

Here’s how a mathematical paradox distorts our view of news, safety and statistics
Welsh police learned this lesson the hard way during the 2017 Union of European Football Associations Champions League final. They deployed cameras throughout Cardiff, where the soccer event was held, and used automated facial-recognition software to analyze the footage. The software scanned the…

How science can get it right and still miss the point.
No one in the Story Station actually questioned the character of refinery workers. In fact, Philly Thrive members went out of their way to affirm workers’ need for jobs.
Compare Bennett’s approach to that of refinery workers.

Why you shouldn't go looking for faulty reasoning everywhere.
fallacies
My students turned paranoid. They began to see fallacies everywhere

While the days of forcing left-handed children to use their right hands are mostly over, the bias against lefties continues in most languages around the world.

Why successful investors and businesspeople tell you to learn from business history — and what they do so survivorship bias isn’t a problem.

Many of us crave trivial details while ignoring much of the world around us. Research helps explain this selective curiosity

You put a lot of thought into every choice that you make … which could be the reason why you’re making bad decisions.

New discoveries about the human mind show the limitations of reason.

An Unpleasant Story Triangulated from Scripture, Genetics, and Archeology

Fallacies—notes Purdue's Writing Lab—'are common errors in reasoning that will undermine the logic of your argument. Fallacies can be either illegitimate arguments or irrelevant points, and are often identified because they lack evidence that supports their claim.

Explore how Survivorship Bias leads to flawed decisions by only considering successes and overlooking failures, with real-life examples and tips to avoid it."

What is Maslow's Hammer? Maslow's Hammer says that we rely too much on familiar tools (not because they're good - only because they're familiar). As the saying goes, “When you have a hammer, everything’s a nail.” It's why doctors are more likely to recommend surgery for back…

What is the Concorde Fallacy? 🧠 The Concorde Fallacy describes how we will continue to defend a bad investment, even when that defense costs more than just giving up. In 1956, discussions started in England to create a supersonic airliner that would get people from London to NYC…
Research shows that people are quick to form impressions of other people’s social class standing, which can have important consequences – but what specifically drives these impressions, and their relationship to judgements of harmful or advantageous stereotypes, has remained…

Noise: A Flaw in Human Judgment is a nonfiction book by professors Daniel Kahneman, Olivier Sibony and Cass Sunstein. It was first published on May 18, 2021. The book concerns 'noise' in human judgment and decision-making. The authors define noise in human judgment as…

Two concepts can help explain why society seems increasingly unable to agree on basic facts.

In 2002 I was driving to a hedge fund manager's house to hopefully raise money from him. I was two hours late. This was pre-GPS and I had no cell phone. I was totally lost. I kept playing over and over again "Lose Yourself" by Eminem. I was afraid this was my one shot and I was…

What you can’t imagine clearly, you value less.

One of the major findings in last 50 years has been what people had suspected all along: human thinking and judgment often isn’t rational. By this, I mean given a situation where someone has to make a decision, she will often take a decision that “leaps” to her immediately…

There used to be a generic belief that humans are completely rational. It is easily understandable why a belief like this was popular…
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Research shows how attractive employees can rub some customers the wrong way.
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Prospect theory argues that if given the option, people prefer more certain gains rather than the prospect of larger gains with more risk.

The popular idea that avoiding losses is a bigger motivator than achieving gains is not supported by the evidence


If we really want to understand how we can nudge people into making better choices, it’s important to understand why they often make such poor ones.

(Phys.org)—Under ancient Jewish law, if a suspect on trial was unanimously found guilty by all judges, then the suspect was acquitted. This reasoning sounds counterintuitive, but the legislators of ...

There's an angry divisive tension in the air that threatens to make modern politics impossible. Elizabeth Lesser explores the two sides of human nature within us (call them "the mystic" and "the warrior”) that can be harnessed to elevate the way we treat each other. She shares a…

Hindsight Bias makes you feel the past is easy to explain. "I knew it would happen." Here is its meaning, examples, and how to avoid it.

Here are 18 of the most common mental mistakes in business and investing. Make sure to learn from these cognitive bias examples to make better decisions.

Short analysis on the current state of affairs and a few tips to keep in mind.

Human brain processes information as well as how it forms certain patterns of behavior. Discover cognitive psychology tips for UX.

A principle that explains decision-making — from investor behavior to insurance markets — isn't ironclad, experts argue.

We tend to judge the likelihood and significance of things based on how easily they come to mind. The more “available” a piece of information is to us, the more important it seems. The result is that we give greater weight to information we learned recently because a news…

Five ways to do noise reduction, from the field of judgment and decision making.
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The goal should not be conversion but doubt.
A comprehensive list of logical fallacies, with definitions, explanations, and examples that are easy-to-understand.

Inside the distinctive, largely unknown ideology of American policing — and how it justifies racist violence.

Conspiracy theories seem to meet psychological needs and can be almost impossible to eradicate. One remedy: Keep them from taking root in the first place.

Why Informing your customers of a sunk cost can actually help you increase your sales.

When certain events need to take place to achieve a desired outcome, we’re overly optimistic that those events will happen. Here’s why we should temper those expectations.