
11. Thinking, Fast and Slow by Daniel Kahneman
Education Bookcast
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The Cognitive Ease Cluster of Biases
The psychologist found that the sellers didn't want to sell their mugs it's deeply enough for the buyers to buy them. The choosers were willing to they sort of cut off point was at three dollars and twelve cents in american dollars uh twelve cents. We're going to focus on more of the cognitive biases then hindsight bias take for example a surgeon who has performed low risk surgery. see the failures because failures typically don't become famous basically so that's survivorship bias now that's the end of the cognitive ease cluster of biases let's go on to the self-serving biases the first such bias i'd like to talk about is the endowment effect I mean there are
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