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Michael Pokrovski

a adăugat un sunet Decision Making and Problem Solving
2026-06-08 20:56:57 -

What are cognitive biases?
What Are Cognitive Biases? The Quiet Distortions Inside Clear Thinking A person is asked a simple question: “Which is more likely: a dramatic event, or a dramatic event explained in detail?” Most people choose the second option. It feels more plausible. More complete. More “real.” But logically, this cannot be correct. Adding detail cannot increase probability....

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Michael Pokrovski

a adăugat un sunet Decision Making and Problem Solving
2026-06-08 18:57:16 -

Why do people make irrational decisions?
Why Do People Make Irrational Decisions? The Puzzle Hidden in Ordinary Choices A man drives across town to save $20 on a household appliance worth $100. The next day, he declines to drive the same distance to save $20 on a refrigerator worth $2,000. The amount saved is identical. The effort required is identical. Yet the decision changes. Most people immediately understand why. And that...

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