1 We always make our decisions using solid reasoning.
2 We are aware of the mistakes we make, but we can’t help making them over and over again.
3 The ‘stranger within’ or ‘hidden autopilot’ is a recent discovery in psychology.
4 Most of the mistakes we make come from decisions taken by our intuitive mind.
5 Our logical mind has nothing to do with our biases.
6 The example of the chocolate box shows how irrational some of our decisions are.
7 Confirmation bias means that negative events are more easily remembered than positive ones.
8 Behavioural economics is the part of psychology that studies the way we respond to economic losses.
9 Loss aversion is very much to blame for the current economic crisis.
10 The evolutionary origins of the logical and intuitive systems have been studied for long.
11 As humans cannot change themselves, they’ll continue making the same mistakes.
Key:
1F; 2F; 3NM; 4T; 5F; 6T; 7F; 8F 9T; 10NM; 11F
