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Tag Archives: cognitive bias

While sending an email you are likely to underestimate the number of *other* emails…

While sending an email you are likely to underestimate the number of *other* emails the recipient will be getting. A modern cognitive bias. via While sending an email you are likely to… – Nassim Nicholas Taleb | Facebook.

Who you gonna believe, me or you own eyes? « Science-Based Medicine

Relevent, especially: The Dunning–Kruger effect is a cognitive bias in which unskilled people make poor decisions and reach erroneous conclusions, but their incompetence denies them the metacognitive ability to recognize their mistakes. The unskilled therefore suffer from illusory superiority, rating their ability as above average, much higher than it actually is, while the highly skilled […]

The Irrationality of Irrationality: The Paradox of Popular Psychology | Guest Blog, Scientific American Blog Network

Only this bit of NNT, but lots of Khaneman, Tversky, Thaler etc. as well, in this excellent article. It’s natural for us to reduce the complexity of our rationality into convenient bite-sized ideas. As the trader turned epistemologist Nassim Taleb says: “We humans, facing limits of knowledge, and things we do not observe, the unseen […]

Daniel Kahneman – A Bat and a Ball Cost $1.10

(Borrowing this post from another blog I collect my favorites into. Danny is just such a big part of the picture when it comes to the paradigm shift implied in NNT’s philosophy, plus, they’re good friends!) … the bat costs $1 more than the ball. How much does the ball cost? Daniel Kahneman KNOWS that […]