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Showing posts with label Heuristic Judgment. Show all posts
Showing posts with label Heuristic Judgment. Show all posts
6 April 2016

5 Things Successful People Do (Nick’s style)

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Lists of N things about successful people are magnet for clicks. Yet, most (if not all) of these lists have close to zero practical value. ...
4 April 2016

Seeking Mediocrity: Humans are Hardwired to Avoid the Worst, not to Seek the Best Outcome

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You probably know about or at least heard of loss aversion: people dislike loses more than they enjoy equivalent gains: Incurring a los...
2 February 2016

Look Beyond What You See! Loosing on One Hand, sometimes, Comes with Larger Gains on the Other

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Not very long ago, I wrote a post regarding the not so fortunate habit of small entrepreneurs of focusing on loses on small mental accounts...
14 January 2016

4 Behavioral Science Reasons Why Recently Dead Artists’ Album Sales Sky-Rocket

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A couple days ago, David Bowie passed and (apparently) his albums sell like warm bread during a famine. Nothing New! A few years ago, after...
7 December 2015

The Self-Defeating Fight against Vaccination Refusal

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In reaction to the persisting decrease of vaccination rates in developed countries, public authorities, the media and non-profits counterac...
3 December 2015

Do I Really Need a Financial Incentive to Recommend a Service / Product?

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Shortly after my wife and I moved to the USA, I noticed an announcement in the apartment building we live in that said: “recommend a friend...
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23 November 2015

Is Overconfidence Bias All that Bad?

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A while back Daniel Kahneman said in an interview that if he would have a Magic Wand he would eliminate overconfidence. The article fu...