Start / Growth Mindset Psychology: The Science of Self-Improvement / Human nature vs money battling irrationality thinking traps 2 cognitive biases

Growth Mindset Psychology: The Science of Self-Improvement

Human Nature Vs. Money: Battling Irrationality & Thinking Traps [#2 Cognitive Biases]

29 min • 19 maj 2024

Manipulation tactics that work - Irrational behaviours that don't - Prediction Fallacies we fall for.

In this episode, we dive further into our series on cognitive biases and how they cloud our judgment.

Studying applied psychology we can learn how we get manipulated by companies and start to protect ourselves from our own irrationality.

Take homes:

How to protect ourselves against pricing tactics
Reduce irrational decisions
Build awareness of the truth
Reduce unpleasant surprises
Make better investments

Further reading:

Thinking Fast and Slow - Daniel Kahneman - UK Book - US Book
Predictably Irrational - Dan Ariely - UK Book - US Book

Further Listening

Enjoyed this episode? Check out the rest of the Cognitive Ciases series:

Ego Blindspots: 9 Cognitive Biases to Avoid - [May 7th]
[YOU ARE HERE] - Human Nature vs. Money
Confirmation Bias and the 7 Sins of Lazy Thinking - [June 4th]
Reality Distortion and the 7 Illusions of Perception Impact Everyone - [June 18th]
Cognitive Rigidity and How Einstein Overcame the 5 Biases that Keep Us Stuck - [June 19th]
Thinking Fast and Slow: How to Make Better Decisions - [July 12th]

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Discussed links

Growth Mindset pod

Sam Webster Harris explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement.

Success and happiness is a state of mind unique to ourselves and is our responsibility to create.

Watch the pod - YouTube (Growth Mindset)
Mail - GrowthMindsetPodcast(at)gmail.com
Insta - SamJam.zen

Chapters

00:00 SECTION - Framing effects

00:01 #1 Anchoring Bias

02:54 The Opposite Strategy

04:59 #2 Framing Effect

08:06 #3 Decoy Effect

10:45 SECTION - Irrational

10:47 #4 Gambler's Fallacy

16:45 #5 Sunk Cost Fallacy

19:21 SECTION - Bad Prediction Flaws

19:55 #6 Overconfidence Bias

21:30 #7 Information Bias

25:34 Send Off

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Senaste avsnitt

Human Nature Vs. Money: Battling Irrationality & Thinking Traps [#2 Cognitive Biases]

Senaste avsnitt

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