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Mathematics dictates that you should take 37% of the time or options you have to simply look and after that, you should commit to the first option that is better than everything you’ve seen so far.
That’s the point at which you have the highest chance—in a display of mathematical symmetry, it’s a 37% chance—of making the best choice.
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MORE IDEAS ON THIS
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There are a few biases they don't address:
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Take into considerations these things:
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The 2 systems of the brain that wok during decision making:
At times, these systems are at odds with each other, but research shows it's always best ...
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This works best if you're a novice, as an expert generally won’t need to...
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Snap judgments are most accurate if these things are present: experience and expertise. In other words, we must train our intuition.
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CURATED FROM
A lot of problems would disappear if we talked to each other more than talking about each other.
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Rather than getting influenced by the limited set of options provided to you by the other party (which tricks you into a vortex of limited options), it is better to adopt a choice mindset. One has to let go of the internal limitation of having no choice (which is an illusion, of course). There is...
After he reveals to you that one of his door has no prize...he offers to switch your door for his.
Should you?
Our initial assumption is that now there are two doors.
You have a 50% chance...he has a 50% chance...
Right?
WRONG!
When working with restricted choi...
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