When You Can't Afford to Make a Mistake, This’ll Keep You Sharp
20 cognitive biases in a chart that could keep you from making a bad decision.
Peter Baumann suggests that our biases can get a bad rap, but that they're essential. He sees them as unconscious inclinations that we've developed over time, and most of the time, they reflect actual knowledge we've acquired about how the world works. They set the frameworks within which we live our lives. Our bias toward feeling safe, for example, keeps us (mostly) out of trouble, while a bias towards certain flavors sets us parameters for selecting the dish we'd like to eat at a restaurant. Of course, our biases are only as intelligent as we are, so occasionally they're pretty stupid.
There's a category of not-so-helpful mental habits and inclinations called “cognitive biases." The problem with these biases is that when we incorrectly apply them to decision-making, they prejudice our thought process and keep us from thinking, and deciding, clearly.
Researchers have identified a number of these mind traps. In this video, Baumann zeroes in on confirmation bias, where we ignore any evidence that doesn't support what we've already concluded, and only find things that prove it. He also nominates the uniqueness bias as maybe the most amusing cognitive bias.
Julia Galef has a great method for avoiding another common bias, the commitment effect. It's the one where you keep doing what evidence suggests may not be working anymore because either you don't want to feel your investment up until now has been wasted, or because the behavior has become tied up in who you feel you are. Her tip? Ask yourself what you would do if you were just coming to the problem from the outside.
If you make a lot of decisions, this seems like a fantastic tool to have available so you can double-check the integrity of your thought process at those times when it's absolutely critical that your cognitive biases don't prevent you from thinking clearly.
Malcolm Gladwell teaches "Get over yourself and get to work" for Big Think Edge.
- Learn to recognize failure and know the big difference between panicking and choking.
- At Big Think Edge, Malcolm Gladwell teaches how to check your inner critic and get clear on what failure is.
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Both panoramic and detailed, this infographic manages to show both the size and distribution of world religions.
- At a glance, this map shows both the size and distribution of world religions.
- See how religions mix at both national and regional level.
- There's one country in the Americas without a Christian majority – which?
Pugs and bulldogs are incredibly trendy, but experts have massive animal welfare concerns about these genetically manipulated breeds.
Pugs, Frenchies, boxers, shih-tzus and other flat-faced dog breeds have been trending for at least the last decade, thanks to higher visibility (usually in a celebrity's handbag), an increase in city living (smaller dogs for smaller homes), and possibly even the fine acting of Frank the Pug in 1997's Men in Black. We're not ruling it out. These small, specialty pure breeds are seen as the pinnacle of cuteness – they have friendly personalities, endearing odd looks, and are perfect for Stranger Things video montages.
Yes, a coup d'état.
- Though we know today that his policies eventually ended the Great Depression, FDR's election was seen as disastrous by some.
- A group of wealthy bankers decided to take things into their own hands; they plotted a coup against FDR, hoping to install a fascist dictator in its stead.
- Ultimately, the coup was brought to light by General Smedley Butler and squashed before it could get off the ground.
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