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Cognitive Biases: How Your Brain Tricks You

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Content provided by Danny Ballan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Danny Ballan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Our brains are incredible tools, but they're also prone to shortcuts and errors in thinking. These systematic mistakes are known as cognitive biases, and they influence everything from how we understand information to the decisions we make. In this comprehensive episode, we delve into a wide range of cognitive biases:

  • Confirmation Bias: Why we favor information that supports our beliefs.
  • Anchoring Bias: How the first piece of information can sway our decisions.
  • Dunning-Kruger Effect: The perils of overestimating our own abilities.
  • Sunk Cost Fallacy: The trap of continuing with a bad investment.
  • Loss Aversion: Why we fear losses more than we enjoy gains.
  • And many more!

By the end of this episode, you'll have a solid understanding of how these biases operate, how they affect your life, and what you can do to mitigate their impact.

Unlock all premium episodes and much more by becoming a Premium member on Patreon.

  continue reading

815 episoade

Artwork
iconDistribuie
 
Manage episode 414039194 series 3289461
Content provided by Danny Ballan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Danny Ballan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Our brains are incredible tools, but they're also prone to shortcuts and errors in thinking. These systematic mistakes are known as cognitive biases, and they influence everything from how we understand information to the decisions we make. In this comprehensive episode, we delve into a wide range of cognitive biases:

  • Confirmation Bias: Why we favor information that supports our beliefs.
  • Anchoring Bias: How the first piece of information can sway our decisions.
  • Dunning-Kruger Effect: The perils of overestimating our own abilities.
  • Sunk Cost Fallacy: The trap of continuing with a bad investment.
  • Loss Aversion: Why we fear losses more than we enjoy gains.
  • And many more!

By the end of this episode, you'll have a solid understanding of how these biases operate, how they affect your life, and what you can do to mitigate their impact.

Unlock all premium episodes and much more by becoming a Premium member on Patreon.

  continue reading

815 episoade

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