1. ... we rely on emotions to make decisions about risk. We cannot possibly mull over every new piece of data our brains collect, so our emotions give us shortcuts, helping us make split-second judgements about that information. The more uncertainty, the more shortcuts we use.
2. The brain's shortcuts come with certain predictable biases. In experiments, people reliable overestimate the chances
of something happening if they can vividly imagine it.
3. Lake Wobegon effect.. we all tend to be overconfident about ourselves in surprising ways.
4. If people feel as though they can influence their destiny, they tend to make smarter choices. But if authorities warn
them not to panic, people may make worse decisions. They feel more frightened and wonder what they don't know that
might make them panic.
TIME, Oct 5, 2009
2. The brain's shortcuts come with certain predictable biases. In experiments, people reliable overestimate the chances
of something happening if they can vividly imagine it.
3. Lake Wobegon effect.. we all tend to be overconfident about ourselves in surprising ways.
4. If people feel as though they can influence their destiny, they tend to make smarter choices. But if authorities warn
them not to panic, people may make worse decisions. They feel more frightened and wonder what they don't know that
might make them panic.
TIME, Oct 5, 2009
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