published ideas from this article:
MORE IDEAS FROM THE SAME ARTICLE
Focusing on specific details in a complex system while ignoring the amount of detail contained within the system may at first show a benefit. However, it can create a massive collapse in the long-run.
In the late 18th century, the German government wanted to grow "scientific forests" t...
Most people think they know more than they really do.
Researchers showed that people believe they understand familiar manufactured objects much better than they really do. For instance, if you think you understand how a can opener works, try to draw a diagram of a can ...
When we don't understand the details, it can cause much trouble. If a nation is overconfident that they will win a war, they will fight more wars. An investor that is to sure of their estimate of an asset's value will trade too much.
The world is too big to proces...
MORE LIKE THIS
Cognitive Bias is a predictable pattern of mental errors where we misperceive reality and move away from the most likely way of reaching our goals.
These mental blind spots impact all areas of life. Cognitive biases have to do with judgment, not mood.
published 6 ideas
Scientists believe that it is impossible to recall the first few years of life. Many of the necessary brain structures for memory have not yet matured at the time. It means that it is physiologically impossible for your brain to remember personal events from infancy.
Any recollections are ...
published 3 ideas
The framing effect is a cognitive bias where people decide on options based on whether they are presented in a positive or negative way. Do you prefer your yoghurt with 10% fat or 90% fat-free?
Knowing about the framing effect is vital. It is one of the most signi...