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Remembering Daniel Kahneman on Risk, Bias and Decision-Making (Part 1)

Riskgaming

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The Optimism Bias: Understanding Success and Failure Attribution

This chapter examines cognitive biases related to optimism in decision-making, focusing on how people often attribute their failures to external factors while claiming their successes as a result of personal skill. It introduces the concept of a premortem to highlight the persistence of these biases even in hypothetical scenarios, reinforcing their deep-rooted nature.

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