Four problems that biases help us address:Problem 1: Too much information.Problem 2: Not enough meaning.Problem 3: Need to act fast.Problem 4: What should we remember?-Buster Benson, "Cognitive bias cheat sheet." Medium.com. September 1, 2016. Recommend reading this in its entirety, but at minimum, it is worth a click through and scroll to the bottom to … Continue reading Cognitive Bias Cheat Sheet
Tag: logic
The Resulting Fallacy Is Ruining Your Decisions – Issue 55: Trust – Nautilus
"In life, it’s usually even more complicated because in most real decisions we haven’t examined the coin. We don’t know if it is a fair coin, if it has two sides with a heads and tails on it and is weighted properly. That’s the hidden information problem. We can’t see everything. We haven’t experienced everything. … Continue reading The Resulting Fallacy Is Ruining Your Decisions – Issue 55: Trust – Nautilus
