Tag: kahneman
-
Episode 6: Using the idea of “utility” to calculate “value”
Economics gets a bad reputation for being wrong about things, or only measuring things in terms of dollars or GDP (gross domestic product). But most of these “bad raps” are simply because people don’t understand what economics is, and what it is actually capable of. When I talk about “economics”, I’m not talking about Adam…
-
How To Get People To Do Stuff: #2 — Break Through A Confirmation Bias
A confirmation bias is a form of “cognitive illusion”. People tend to pay attention to what they already believe and filter out information that doesn’t fit with their opinions and beliefs. You can breakthrough these biases, however. Watch the video to find out how: For more information check out: Daniel Kahneman’s book Thinking Fast And…
