Search results
Results from the WOW.Com Content Network
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]
And that's why the Democrats lost, because of many things like that. That's a bad one, by the way. ... and we'll make a decision in the not-too-distant future. ... And I think that when you kind ...
It is an attempt to find reasons for behaviors, especially one's own. [2] Rationalizations are used to defend against feelings of guilt, maintain self-respect, and protect oneself from criticism. Rationalization happens in two steps: A decision, action, judgement is made for a given reason, or no (known) reason at all.
Too Dumb for Democracy? Why We Make Bad Political Decisions and How We Can Make Better Ones is a 2019 book by political scientist David Moscrop. The book discusses how people make decisions against their best interests, explains why, and advocates for more careful analysis of political information. It received positive critique from The Toronto ...
Tendency to have selectivity in perception, attention, decision making, and motivation based on the biological state of the body. Anchoring bias: The inability of people to make appropriate adjustments from a starting point in response to a final answer. It can lead people to make sub-optimal decisions.
It has consistently been one or the other for six consecutive years for the Dolphins at quarterback, where one bad choice after another has left the franchise compromised, and even a decision that ...
Here is what I am talking about in terms of inflation realities. From PepsiCo's earnings call transcript: "I know that for many categories, the multiple-year inflation that we had to take because ...