The twaddle tendency is the need to speak confidently on something we don’t know enough about. The talk that comes from the twaddle tendency never adds value or unique input. It’s typically a rote repetition of facts, lines they’ve heard somewhere else, or a jumbled grouping of authoritative-...
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What is the Dunning-Kruger effect? To put it simply, it’s the correlation of excess confidence to limited knowledge. It also shows a correlation for lower confidence in more capable people. Ironically, people overestimate their knowledge about the Dunning-Kruger effect too. Take a lo...
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Everyone would like to think of themselves as rational, forming their views from all the facts in an unbiased way. But this is almost never the case. It is possible to hold two conflicting beliefs at the same time. The psychological term for this is cognitive dissonance. But cognitive dissonance...
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Depending on the point in time a reward is received, humans value them differently. Humans are impatient by nature in the short-run. Humans become more patient over the long-run. Hyperbolic discounting makes for inconsistent decision-making. Hyperbolic discounting can affect your personal an...
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