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Showing posts with the label Kahneman

Just my thoughts #0789

Meaning of “Non-existence”: In mathematics, the number “0 (zero)” can signify both “does not exist” and the transition of a filled unit to a higher one in the decimal system. The first meaning is connected to ontology, while the second explains how, when one decimal unit is full, the total shifts to the next unit, and a zero indicates this shift. In this system, zero marks that the next higher unit is present. Philosophically, the concept of “nothing” is viewed in the West as “non-existence,” but in the East, it can signify a transformation to the next level after being filled. So don’t be discouraged if you don’t have anything. Your “disappointment” also comes from the fact that other areas have already been filled. - 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"