Teasing apart luck from skill in our decisions is difficult. While most outcomes involve a combination of both, our improvement requires identifying what we should have done differently and what was out of our control.…
Tag: <span>decision-making</span>
Mental shortcuts are features, not flaws. Biases are rules being used out of context. How can we avoid the pitfalls and make more rational decisions?
Confronted with risks and gambles, people often make irrational decisions. This is no surprise—but what makes many of these errors in rationality so interesting is that we make them systematically. We are, to steal Dan Ariely’s…
On June 29, your personal astrophysicist Neil deGrasse Tyson sent out this tweet: Earth needs a virtual country: #Rationalia, with a one-line Constitution: All policy shall be based on the weight of evidence — Neil…