Most people are too risk-averse when it comes to life's biggest choices. Learning how to overcome the cognitive biases at play can help you make better decisions - with no looking back
LIFE, it could be argued, is like a long game of blackjack. In one common version of this, each person is initially dealt two playing cards. The aim is for your hand to add to 21, or as close to this as you can get without busting. Players can either “stick” with their existing hand or “twist” – asking to be dealt another card to add to their total. The risk, of course, is that you exceed 21 and are eliminated.
This may sound far removed from everyday choices, but many of our most important life decisions boil down to such dilemmas. Should I stay put or take the leap and move house? Should I remain in my job or start my own business? Should I put up with an unsatisfying relationship or try my luck at love another time? In each case, we must weigh the security of what we have against a riskier, but potentially more rewarding, alternative.
The inherent uncertainty of these dilemmas leaves many of us dithering in analysis paralysis, so that we end up lingering in the status quo, never giving ourselves the chance to win big. Some people, in contrast, are too easily swayed by the lure of the new: they gamble too readily, until their impulsive behaviour has lost them everything. If either of these scenarios sounds familiar, help may be close by.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
When Schools Resist Evaluating & Addressing Learning DisabilitiesThe repercussions of a missed diagnosis can last a lifetime. So why do some schools fail to identify learning differences in students with ADHD, causing them to fall behind?
Lire la suite »
New York City Mayor Blames Parents For Snow Day Remote Learning “Fail”New York City Mayor Adams blamed parents for the reason their remote learning test failed during the most recent snow day.
Lire la suite »
Machine learning helped us find more coral reefsMachine learning and a slew of other tools have helped us learn that the world's coral reefs are actually bigger than we thought.
Lire la suite »
The brain is 'programmed' for learning from people we likeOur brains are 'programmed' to learn more from people we like -- and less from those we dislike. This has been shown by researchers in cognitive neuroscience in a series of experiments.
Lire la suite »
An AI machine learning classifier can identify psychosis risk from brain images.An AI machine learning algorithm could use brain images to predict the risk of psychosis before it happens, new research finds.
Lire la suite »
How a Far North Dallas school helps kids with learning differencesThe Shelton School and Evaluation Center, a nearly half-a-century-old private school nestled in far north Dallas, has built a reputation around meeting the...
Lire la suite »