Tags » Biases

Nassim Nicholas Taleb - Fooled by Randomness. And Selection Biases!

In “Fooled by Randomness”, Nassim Nicholas Taleb debunks the myth that “experts” truly consider all rational probabilities before making choices. “Experts”, like most of us, are prone to non-probabilistic/ irrational thinking (driven by emotions) and inclined to taking quick and dirty “mental shortcuts”. 334 more words

“Good people are not those who lack flaws, the brave are not those who feel no fear, and the generous are not those who never feel selfish.

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Quotes

Discovering biases

Recently I came across this post – why-owning-an-inexpensive-kindle-could-cost-you-hundreds  , which says that people who buy Kindle spend $445 more than an Amazon user without Kindle. 94 more words

What are your chances of dying from ___ ?

OK, here’s a test for you  …

Rank the the following by the odds that somebody who is in the group or who is exposed to the risk is likely to die. 240 more words

Problem Solving

Dr. Hirmand Speaks to Anderson Cooper on “The Beauty Bias”

Dr. Haideh Hirmand discusses the science of beauty and the truth behind the “Beauty Bias.”

Culture, Biases, and Empathy

A few disclaimers before I start:

  1. This is a complicated issue. While I may simplify definitions or arguments for the sake of making a point, I realize the truth is more complex than that.
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Life