#68 Daniel Kahneman: Putting Your Intuition on Ice
The Knowledge Project with Shane Parrish
00:00
Recognizing and Overcoming Biases in Decision-Making
Recognizing biases in decision-making is essential as biases work in various directions leading to potential errors. Identifying situations prone to biases, like visual illusions, can help in avoiding erroneous judgments. Understanding phenomena like anchoring, where the first number sets a negotiation tone, and learning to resist such influences, can lead to better decision-making and negotiation outcomes.
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