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We fail to anticipate how little information we (and others) use when making decisions.
The immediacy of human judgment generally surprises people: we are startled by how quickly we make judgments and how little information we use doing so.
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MORE IDEAS ON THIS
Misunderstanding how much information we actually use to make our judgments has important implications beyond making good or bad decisions.
An example could be our tendency to rely on stereotypes when judging other people: we may believe we'll consider information from all the ang...
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392 reads
New information doesn't stack on top of old information until some mental threshold is reached for making a decision.
In reality, the first few pieces of information are weighted much more heavily than later information.
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Individuals fail to anticipate how little information they and others use when making decisions.
An the immediacy of human judgment generally surprises people: we are startled by how quickly we make judgments and how little information we use doing so.
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173 reads
The fact that we live in an age of information should allow us to make super-informed, data-driven decisions all the time.
But the widespread availability of information does not mean that we actually use it even if we have it: decades of research in psychology and behavio...
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642 reads
Quick decisions are not always bad. Sometimes they even are remarkably accurate and can save time.
It would be overwhelming to comb through all the available information on a topic every time a decision must be made.
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465 reads
CURATED FROM
theconversation.com
6 ideas
·2.56K reads
For every question, there is an answer. For every problem, there is a solution. For everything else, there is an explanation.
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More like this
Individuals fail to anticipate how little information they and others use when making decisions.
An the immediacy of human judgment generally surprises people: we are startled by how quickly we make judgments and how little information we use doing so.
Misunderstanding how much information we actually use to make our judgments has important implications beyond making good or bad decisions.
An example could be our tendency to rely on stereotypes when judging other people: we may believe we'll consider information from all the ang...
They are mental shortcuts we use, which generally help us make quick decisions, but don’t always work out for the best.
Our brains were never wired to be truly rational because there is way too much information in the world for us to process. We evolved instead to make decisio...
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