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The book focuses on why people make political decisions against their own self-interest, documenting the extent to which people are manipulated by bad-faith actors. [2] In the book, Moscrop argues that democracy is under threat but can be saved, emphasising the need for good process to resolve disagreements. [1]
The post Why Smart People Make Bad Decisions—And Why It’s Hard to Learn From Our Mistakes appeared first on Worth. The more we do anything, we alter our brains to become better at it.
In chapter 8, Ariely discusses how we overvalue what we have, and why we make irrational decisions about ownership. The idea of ownership makes us perceive the value of an object to be much higher if we own the object. This illustrates the phenomenon of the endowment effect—placing a higher value on property once possession has been assigned.
Collective Illusions: Conformity, Complicity, and the Science of Why We Make Bad Decisions is a 2022 book by author Todd Rose. The book illustrates that human thinking about one another is based on false assumptions that leads to bad decisions, and this makes the society mistrustful and individuals unhappy. [1] [2]
Making decisions is something we do constantly - and new research has put a number to the amount of conscious choices we make on a daily basis. (Getty Images) (Ridofranz via Getty Images)
Mistakes Were Made (but Not by Me) is a 2007 non-fiction book by social psychologists Carol Tavris and Elliot Aronson.It deals with cognitive dissonance, confirmation bias, and other cognitive biases, using these psychological theories to illustrate how the perpetrators (and victims) of hurtful acts justify and rationalize their behavior.
A newly released court transcript shed light on a judge's decision to give ex-Stanford swimmer Brock Turner what some have called a lenient sentence.
Has been shown to affect various important economic decisions, for example, a choice of car insurance or electrical service. [32] Overconfidence effect: Tendency to overly trust one's own capability to make correct decisions. People tended to overrate their abilities and skills as decision makers. [33] See also the Dunning–Kruger effect.