(Reading time: 3 min read)
The confirmation bias is one of the most common biases in our everyday life. Like other biases it hinders us to make conclusions on a rational basis and therefore can lead to poor or faulty choices.
Where do your beliefs and opinions come from? Most people like to think that their beliefs are the result of experience and objective analysis of the information they have available. However, the reality might be different.
(Reading time: 2 min read)
PREsuasion is a tricky read. Not because it’s a stiff book by a creaky academic; quite the opposite. It’s the simplicity of Robert Cialdini’s message that’s the challenge. It’s the force of the evidence that makes it hard to take.
(Reading time: 3 min read)
This week’s Rational Roundup focuses on different ways (future and current) in which artificial intelligence (AI) may serve to improve human decision making. In addition, we have unfortunate news for anyone with a tendency to bend the truth occasionally.
(Reading time: 2 min read)
A psychologist called Philip Tetlock spent almost 20 years assessing the accuracy of long-term ‘expert’ predictions on geopolitical events. The results were disastrous. Collectively, the forecasters studied were as precise as a dart-throwing chimp.
(Reading time: 2 min read)
The Rational Roundup, as previously announced, provides our readers with regular updates on rational thinking and behavioural economics. Our latest edition addresses inconsistent decisions, disproportionate punishment, social norms and more.
(Reading time: 4 min read)
Last Monday, 17 October 2016, the Bucerius Rational Think Tank, our local sub-entity, held its Kick-Off Event at Bucerius Law School. This was the first of a series of talks intended to shed some light on different aspects of perception, decision making and communication.
(Reading time: 2 min read)
Under this headline, we will regularly provide you with updates concerning rational thinking and behavioural economics.