4 ms·
A lot of the book is going through various types of specific bias (e.g. anchoring, sunk-cost), and going over the way in which it was studied and shown to exist
by AQuantized 6y ago
A lot of the book is going through various types of specific bias (e.g. anchoring, sunk-cost), and going over the way in which it was studied and shown to exist. I see this as valuable as because, as you say, accounting for irrationality is important, and having an indepth account of exactly how bias arises is key to internalizing the reality that we are all prone to succumbing to these errors.