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Showing posts with the label Kahneman

Just my thoughts #0757

Don’t underestimate your emotions. If I leave these feelings of hate, resentment, longing, and loneliness inside me, one day they will surely take their revenge. Emotions aren’t harmful when we share them with others. Even if we can’t resolve the root cause, having a friend to share our trivial feelings with helps us endure life’s hardships. When there’s someone other than myself to whom I can devote, we can avoid the storm of emotions and overcome adversity. It’s even better if we have an equal friend to share our feelings with, someone we’re committed to. Without just this one friend, we feel sad, exhausted, and lost. The feelings I hold inside will eventually take their revenge on me. - Joseph’s “just my thoughts”

Just my thoughts #0039

The Anchoring Heuristic In 1974, Tversky and Kahneman divided two groups and asked one group to calculate the value of "8x7x6x5x4x3x2x1" and the other group to answer the question "1x2x3x4x5x6x7x8" immediately. The average calculation result of the first group was 2,250, and that of the second group was 512. For both groups, the original answer is 40,320, which is the same. Although they multiplied by the same number, the first group multiplied by the order of the larger number, resulting in a higher baseline adjustment, while the second group did the opposite. When we judge and make decisions, the reference point determines the extent and direction of our illusion. When we live, we have to deal with these fallible human beings. - Joseph's "just my thoughts"