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Showing posts with the label Kahneman

Just my thoughts #0657

Wings can be a problem if we don’t fly. The queen ant has wings that worker ants don’t have. A queen’s wings are only used once in her life when she flies to mate. After mating, she lands and bites off her wings. In underground life, wings are just an annoyance. We keep many things even when we don’t need them. There are also times we hold onto useless things and thoughts, even knowing they serve no purpose. That’s not smart. - 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"