Cognitive biases can be characterized as the tendency to make decisions and take action based on limited acquisition and/or processing of information or on self-interest, overconfidence, or attachment to past experience.
Of course, there is no way we can completely resist all the genetic, neurological, psychological, emotional and social forces that influence our decision making. But a few simple steps can prevent us from making truly appalling decisions.
Create situations in which everyone gets to use best talents, working on projects that reflect a strong sweet spot of shared interest. In so doing you may play a different character role in the story that unfolds and make the storyline more adventuresome and satisfying.
Dan Ariely's latest book applies his experimental approach to how we "lie to everyone -- especially ourselves." He asks us to remember our fallibility and irrationality, so that we might protect ourselves against our tendency to fool ourselves.
Listen up! I have just finished reading the brilliant, fast-paced How To Be A Rogue Trader in global finance by the prize-winning Associate Editor of the Financial Times, John Gapper and hereby recommend it as required reading, ASAP.
Here's the classic economic view of your car-purchasing behavior: You walk into a dealership, choose a car based on brand, color, cylinders, looks and general feel and then start comparing prices among different options.
The adult industry has been a long time proponent of our right to Free Speech, and from the days of Naked Lunch, to the more recent battle over required condom use, Americans have been trying to define what is pornographically acceptable for years.