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Mental shortcuts
We’re not nearly as rational as we like to believe. When we face an uncertain situation, we fail to evaluate the information or to look up relevant statistics carefully.
Instead, we depend on our mental shortcuts which may lead us to make rash decisions.
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Smart people and biases
We often assume that intelligence guards against bias. Its why those with higher S.A.T. scores think they are less likely to make universal thinking mistakes.
However, smarter people are more vulnerable to these thinking errors.
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730 reads
Biases and human intelligence
- People who are aware of their own biases are not better able to overcome them. Our intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy.
- According to scientists, intelligent people have a larger bias blind spot. They ...
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611 reads
The root causes of our irrationality
When we assess ourselves for biases, we tend to engage in elaborate introspection. The problem with the introspection approach is that the driving forces behind biases remain largely invisible to self-analysis and t is also impermeable to intelligence.
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674 reads
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Watch your habits, they become character and watch your character, it becomes your destiny.
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Heuristics: Mental Shortcuts
In our daily lives, we do not have the time, knowledge or skills to make the perfect decision/choice every time, and it may be too exhausting and time-consuming to make really big decisions in a perfect way all the time. This makes us use mental shortcuts, or heuristics ...
Cognitive biases
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...
Why We Make Poor Decisions
- We’re not as rational as we think.
- We’re not prepared. We don’t understand the invariant ideas — the mental models — of how the world really works.
- We don’t gather the information we need. We make decisions based on our “g...
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