It happens to all of us, every day. We scroll through our social media feed, unaware of the invisible hand gently nudging us towards information that confirms our existing beliefs. It’s confirmation bias, the silent puppeteer of your online experience. The Echo Chamber Imagine it: you, a hard environmentalist, bombarded with articles about the climate […]
Haters gonna hate, potatoes gonna potate Read More »
Have you ever noticed how people tend to believe they have more control over events than they actually do? This seemingly paradoxical behavior, known as the illusion of control, can be observed in various aspects of our lives. While it might seem counterintuitive, understanding the roots of this illusion can shed light on human psychology
The illusion of control, accepting limits. Stoicism to the rescue Read More »
Introduction The endowment effect is a cognitive bias that describes our tendency to value things that we own more than things that we do not own. This bias can have a significant impact on our decision-making How the endowment effect works The endowment effect works by tapping into our cognitive biases. One of the most
What I own is worth more. The Endowment effect Read More »