Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain
By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are
People like leaders who look like they are dominant, optimistic, friendly to their friends, and quick on the trigger when it comes to enemies. They
There’s a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will
Adaptation seems to be, to a substantial extent, a process of reallocating your attention.
We think, each of us, that we’re much more rational than we are. And we think that we make our decisions because we have good
Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
We have no reason to expect the quality of intuition to improve with the importance of the problem. Perhaps the contrary: high-stake problems are likely
We think of our future as anticipated memories.
Mental effort, I would argue, is relatively rare. Most of the time we coast.
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