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Showing posts with the label Kahneman

Just My Thoughts Ebooks

What if we jotted down the fleeting sparks of inspiration that come our way each day? That question inspired me to start recording a note every day. Over time, I collected 834 entries and shared them on social media. I turned the notes into one-minute whiteboard animations, organized them by theme, and refined them into a collection of short questions and thought-provoking content. The result is a series of five books, now available in EPUB format. You can order them through the Amazon Kindle Store link in my profile. * JUST MY THOUGHTS Series: JUST MY THOUGHTS: 100 Observations on Value, Wealth, Business, and Life JUST MY THOUGHTS: 100 Observations on People, Feelings, and Everyday Life JUST MY THOUGHTS: 100 Observations on Work, Business, and Making Things Useful JUST MY THOUGHTS: 100 Observations on Money, Choices, and Uncertainty JUST MY THOUGHTS: 100 Observations on Observation, Ideas, and a Changing World * Release Date: Oct. 28th, 2026 * Amazon Kindle EBook Store https://www.ama...

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"