The Fallacy of the Single Cause vs. Causal Complexity

Causal complexity means that in almost any situation there are many causes behind a single event, including a good deal of random factors and unknown causes. Getting to grips with causal complexity is indispensible...

55/5 Rule of Problem-Solving

55/5 rule of problem-solving suggests that often it is preferable to spend more time on identifying and properly framing the problem before trying to solve it. The proportion 55/5 comes from a quote attributed...

Why We Are Swayed by Scarcity

Scarcity Principle in a Nutshell: People are driven to acquire information, resources, and experiences that are in short supply, not available to everyone, or for some other reasons scarce. And the greater the scarcity, the...

How Greater Exposure and Familiarity Distors Our Judgment

The Mere Exposure Effect (The Familiarity Principle) in a Nutshell: Our judgment and decision making can be powerfully distorted by our familiarity with certain people, investments, and other objects or ideas. Normally, familiarity breeds...

How Simple Visuals Can Distort Our Judgment and Inflate Truthiness

The easier it is to imagine something, the more likely people are to think that it is true, so when you want to persuade people that a particular claim is true, use photographs. Moreover, studies show that photographs boost not only truthfulness, but also truthiness.

 

How Our High Status Affects Our Decisions

One factor affecting our decisions, especially decisions involving other people and trust, is how we perceive our social status. A recent study, reported in Scientific American Mind, suggests that feelings of trust and high status...

Anchoring

Anchoring in a Nutshell Any information which we use as a reference point for our decisions can powerfully distort our thinking and decision making. One example of such reference points are anchors, and research shows...