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Michael Pokrovski

toegevoegd een audio 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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Michael Pokrovski

toegevoegd een audio Decision Making and Problem Solving
2026-06-09 06:09:52 -

Why do people make irrational decisions?
Why Do People Make Irrational Decisions? The Idea of Irrationality and Everyday Choice A person decides to avoid a small guaranteed gain in favor of a risky option with uncertain outcome. Another person buys an expensive item during a sale, even though they do not need it. A third delays an important task despite knowing it will create future stress. From a purely logical perspective,...

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