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Our decisions are influenced by biases and emotions from "summary" of Predictably Rational? by Richard B. McKenzie
When we make decisions, we often like to think that we are being rational and logical. We believe that we are weighing all the options carefully and choosing the best course of action based on objective facts and evidence. However, the reality is that our decisions are often influenced by biases and emotions that we may not even be aware of. One of the main biases that can affect our decision-making is the confirmation bias. This bias leads us to seek out information that confirms our existing beliefs and ignore information that contradicts them. As a result, we may make decisions based on incomplete or biased information, rather than considering all the available evidence. Another common bias is th...
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