4min chapter

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Why Your Projects Are Always Late — and What to Do About It (Ep. 323 Replay)

Freakonomics Radio

CHAPTER

The Optimism Bias

Tally Sherritt is a cognitive neuroscientist at University College London. She believes in the optimism bias, and she believes it is rooted in neuroscience. Her experiments have repeatedly shown that the brain tends to process positive information about the future more readily than negative information. It's easy to see how that could feed the planning fallacy. If we think everything's going to be okay or better than what we anticipate, we might not take precautionary action.

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