AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Exploring Decision-Making Heuristics and Cognitive Biases
The chapter delves into decision-making heuristics, cognitive biases, and shortcuts that influence how individuals make choices. With examples like the availability bias and the moon illusion, the speakers explain how these mental shortcuts can lead to errors in judgment. The discussion also touches on sorting and picking as key components of the decision-making process, emphasizing the importance of prioritizing decisions based on impact and optionality.