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Showing posts with the label Kahneman

Just my thoughts #0302

Ignorance of rest at proper times is not a healthy passion. Compulsory awareness of rest reflects genuine humility and wisdom, especially when we cannot take time off, even during our free time. Taking a rest without self-control or believing that a break will worsen the problem is also a serious issue, akin to a severe disease. Appropriate rest serves as a diagnostic criterion for determining whether our daily routines are healthy. - 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"