282 - They Thought We Were Ridiculous - Andy Luttrell
You Are Not So Smart
Unraveling the Linda Problem
The chapter explores the cognitive bias of the Linda problem, revealing how people struggle with distinguishing likelihood from similarity in decision-making. Through the work of Kahneman and Tversky, listeners understand why individuals often choose less probable options when faced with additional details, despite diminishing the scenario's probability. Social psychologist Andy Luttrell sheds light on the representativeness heuristic and its impact on judgments, emphasizing how reliance on mental shortcuts can lead to biased decision-making.
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