Your thinking? Still flawed!
"The Art of Thinking Clearly" illustrated - Part 6
We are back to exploring our cognitive biases after taking a short detour to discover 'Transactional Analysis' through the book 'Games People Play'.
You can find the illustrated summary of that book below:
We are now in the second half of the 99 cognitive biases described in the book “The Art of Thinking Clearly” by Rolf Dobelli. If you missed some parts, you can check the latest post, or start from the beginning:
Make sure also to be subscribed to avoid missing any of the future posts !
And without further ado, our biases:
Effort Justification
If you put a lot of effort into a task, you tend to overvalue the result.
Law of small numbers
Drawing conclusions about the overall population from a small sample is misleading because small samples are much more susceptible to random variation.
Expectations
Expectations shape how we react to different events and play a role in our happiness.
The author suggest to set high expectations for yourself and loved ones, while keeping them lower for things beyond your control.
Simple logic
Can you solve the problem in 30 seconds?
You probably came to an intuitive solution very quickly, but if you took the time to re-check, you likely realized that your intuition wasn't right.
Daniel Kahneman, who passed recently (RIP), came up with a way to describe the two types of reasoning we do:
🧠 System 1 - a rapid, intuitive, automatic and unconscious approach help us solve problem quickly on the go without having to pay much attention
🧠 System 2 - a slower more logical and conscious reasoning effort.
Simple logic, is when we use system 1 where system 2 type of thinking required.
Forer-Barnum Effect
This effect happens when we see ourselves in vague positive descriptions, making us more likely to believe in pseudosciences.
Volunteer’s Folly
Offering our time through volunteering tends to be less efficient since we might not perform tasks as effectively as we could if we contributed the equivalent amount of money instead. However, celebrities are an exception to this rule as they bring visibility.
Affect heuristic
Relying on our emotions to guide complex decisions rather than a pure analysis on risks and benefits.
Introspection Illusion
It is our tendency to believe that we have a deep understanding of our own thoughts and feelings, while other don’t see clearly their biases.
Inability to Close Doors
We often choose to keep options open, assuming there is only benefit to this, but keeping all doors open usually come with a cost (e.g by diverting our attention.)
That's it for this week, if you enjoyed it let me know in the comments.
Do you have a favorite drawing? Or the one bias you see most often around you.
I also appreciate when you share it with the people that may find it interesting, that encourages me to continue, and contribute to make more people experience the benefits of “Visual Thinking”!
The next post is here:
Cheers!
Great portrayal of cognitive biases 🙌🏿 I like them all and they remind me to double check myself and look at the whole picture. Today I’m particularly fond of how you made Introspective Illusion head tilted down look like a speech box 💬