This chapter explores the concept of analysis paralysis, highlighting the fear of potential losses that hinders decision-making. It discusses how our brains fixate on the fear of failure, leading to cognitive biases like loss aversion and temporal bias. The discussion offers insights into neuroeconomics and the illogical ways our brains assess value, focusing on the impact of ownership duration and our tendency to overestimate risks.
In today's episode, Dr K discusses the phenomenon of "Analysis Paralysis", and dives into how an aversion to loss cvan prevent you from making choices in life, and in turn make you feel stuck.
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