To understand more about the biases of our minds and the heuristics it has consider the following question:
A bat and a ball, both cost when sold together 1.10 pounds, the bat is one pound more expensive than the ball, so how much is the ball? (consider answering before proceeding)
The intuitive biased answer that would come to mind is that the ball costs 10 cents, while if you applied calculation you will see that if the bat is 1 pound more expensive than a 10 cents ball then the total would be 1.20 not 1.10 as given, so what is the right answer?
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"'Thinking, Fast and Slow' by Daniel Kahneman is a profound exploration of the human mind, unraveling the intricacies of how we think, decide, and often misjudge.
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Similar ideas to Our Minds Are Biased
Try to solve this problem -
"A bat and a ball cost $1.10 in total. The bat costs $1.00 more than the ball. How much does the ball cost?"
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If you say $1 for the ba...
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