Hyperbolic Discounting: Why Do We Make Irrational, Impulsive Decisions?
Sometimes it feels like your heart and your brain are two different decision-makers. Your heart makes irrational, impulsive decisions, and your mind is the logical decision-maker. Sometimes the two come together to make for wildly inconsistent decision-making behavior.
Why You Should Use Second Order Thinking
Second order thinking takes into account the endless ripple effects of our decisions. Thinking in the second order is considering the chain of effects that happens after the immediate consequence.
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