Posts Tagged ‘Bias’
Negative Expectation Bias | When All News is Bad News | The Velocity of Information | SDP181
[Podcast] A popular Reddit thread is titled, “What’s a ‘Today is going to suck’ red flag. A top up-voted response was, “Waking up with a huge headache,” and another was “When you get all the red lights on your commute.” Each of us could add a comment to that thread, right? Per the National Institute…
Read MoreConjunction Fallacy | Why We Believe Elaborate Reports | Taming Human Bias | SDP172
[Podcast] The `Conjunction Fallacy’ is a fallacy or error in decision making where people judge that a conjunction of two possible events is more likely than one or both of the conjuncts. Here are some examples. EXAMPLE ONE: Doc is a Wisconsinite who went to the store and bought tofu, eggplant, broccoli, and frozen meatless…
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