How to Make Better Decisions: 10 Cognitive Biases and How to Outsmart Them

Don’t become a victim of these systematic errors in thinking.

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⏱ TIMESTAMPS
0:00 - Intro
1:09 - Bias 1
1:37 - Bias 2
2:04 - Bias 3
2:44 - Bias 4
3:16 - Bias 5
3:46 - Bias 6
5:13 - Bias 7
5:49 - Bias 8
6:19 - Bias 9
6:53 - Bias 10
7:15 - The Bottom Line

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🔗 ADDITIONAL LINKS & RESOURCES
Is there a universal self-serving attribution bias?: https://psycnet.apa.org/record/2007-09589-009
The Science of FOMO and What We’re Really Missing Out On: https://www.psychologytoday.com/gb/blog/ritual-and-the-brain/201804/the-science-fomo-and-what-we-re-really-missing-out
The retrospective gambler’s fallacy: https://psycnet.apa.org/record/2009-12960-001
How Do People Perceive the Causes of Behavior?: https://www.jstor.org/stable/27847255?seq=1
What Is Narrative Bias?: https://www.psychologytoday.com/gb/blog/science-choice/201612/what-is-narrative-bias#:~:text=When%20an%20unpredicted%20event%20occurs,referred%20to%20as%20narrative%20bias.
Survivor Bias and Mutual Fund Performance: https://academic.oup.com/rfs/article-abstract/9/4/1097/1580100
A method of estimating plane vulnerability based on damage of survivors: https://apps.dtic.mil/dtic/tr/fulltext/u2/a091073.pdf
WHAT IS NEUROECONOMICS?: https://camerergroup.caltech.edu/
A Direct Study of Halo Effect: https://www.tandfonline.com/doi/abs/10.1080/00223980.1985.9915460
Models of Temporal Discounting 1937–2000: https://www.semanticscholar.org/paper/Models-of-Temporal-Discounting-1937%E2%80%932000%3A-An-and-Gr%C3%BCne-Yanoff/265c2b3df547b9b517e987697b638ee95cf63ea3
If you don't want to be late, enumerate: Unpacking reduces the planning fallacy: https://www.researchgate.net/publication/222760308_If_you_don't_want_to_be_late_enumerate_Unpacking_reduces_the_planning_fallacy

✍️ This was initially published as an article on Medium.com by Jennifer Clinehens: https://medium.com/growth-habits-lab/make-better-decisions-10-cognitive-biases-and-how-to-outsmart-them-e0daee80f512

✍️ Author: Jennifer Clinehens | https://www.youtube.com/channel/UCiO6vrXqJQ8-y7scco0o5cw

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Видео How to Make Better Decisions: 10 Cognitive Biases and How to Outsmart Them канала The Art of Improvement