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people have a general tendency to stick with their current situation.
Richard H. Thaler • Nudge: The Final Edition
idea, Diener and his students also found a less-is-more effect, a strong indication that an average (prototype) has been substituted for a sum.
Daniel Kahneman • Thinking, Fast and Slow
companies have a strong incentive to exploit behavioral biases, including availability, unrealistic optimism, and anchoring.
Richard H. Thaler • Nudge: The Final Edition
a large percentage—typically between 50 percent and 80 percent—fail to notice the switch and go on to give plausible-sounding reasons for choices they did not make.
Keith Payne • The Broken Ladder: How Inequality Changes the Way We Think, Live and Die
Their psychology was sound: people will more readily forgo a discount than pay a surcharge. The two may be economically equivalent, but they are not emotionally equivalent.
Daniel Kahneman • Thinking, Fast and Slow
Base-rate neglect: Recall Steve, the meek and tidy soul who is often believed to be a librarian. The personality description is salient and vivid, and although you surely know that there are more male farmers than male librarians, that statistical fact almost certainly did not come to your mind when you first considered the question. What you saw w
... See moreDaniel Kahneman • Thinking, Fast and Slow
Ap Dijksterhuis and Loran Nordgren,
Jeremy Lent • The Web of Meaning: Integrating Science and Traditional Wisdom to Find our Place in the Universe
proven that readers regard an author and an audience a speaker as more intelligent the more clear and to the point their expressions are (Oppenheimer 2006).
Sönke Ahrens • How to Take Smart Notes: One Simple Technique to Boost Writing, Learning and Thinking
Biases due to the effectiveness of a search set.