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Posts Tagged ‘Bias’

The Us vs. Them Mentality: How Group Thinking Can Irrationally Divide Us

The human mind has a tendency to categorize people into social groups. And often these social groups can create an “Us vs. Them” mentality toward people who may be different than us in some way, whether it’s race, gender, age, nationality, culture, religion, or socioeconomic status. In the early 1970s, British social psychologist Henri Tajfel […]

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Why We Ignore Advice When We Need It The Most

Our minds can be incredibly stubborn when they cling to old beliefs and perspectives. This is because everyone’s beliefs are susceptible to a range of cognitive biases, or distorted patterns of thinking, which can hinder our learning and knowledge of how the world really works. Due to these biases, we often ignore important advice or […]

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The Psychology of Impulsive Spending

There is a lot of overlap between psychology and economics, because both focus on certain aspects of how we make decisions. When I look at the current state of our economy – especially growing personal debt and low credit scores among consumers – I often wonder what psychological factors are driving this behavior.

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When Too Much Optimism Blinds Us

Optimists are said to be those who see the glass as half full, while pessimists see the glass as half empty. An optimist often tries to find the good in everything, and often this perspective can cause less stress, less anxiety, and a more empowering and motivating attitude. Positive psychologist Martin Seligman coined the term […]

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8 Biases That Cripple Smart Decision-Making

A bias is any inclination toward a particular belief or perspective, often one that is ill-supported by reason or evidence. When we call another person “biased” we usually mean that they are incapable of looking objectively at the facts. They are too stuck in their own world view, with their own prejudices, and usually unwilling […]

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