Bounded Awareness - Focalism and the Focusing Illusion

4 important questions on Bounded Awareness - Focalism and the Focusing Illusion

obtaining the correct solution necessitates

a willingness to attempt to falsify hypotheses, and thus to test those intuitive ideas that so often carry the feeling of certitude

Once you become aware of the confirmation trap, you are likely to find that is pervades your decision-making process

however, the search for disconfirming evidence will provide the most useful insights

There are at least two reasons that anchors affect our decisions

First, we often develop estimates by starting with an initial anchor that is based on whatever information is provided and adjust from the anchor to yield a final answer. Second, the existence of an anchor leads people to think of information that is consistent with that anchor rather than accessing information that is inconsistent with the anchor.

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While our intuition is occasionally accurate,

we tend to overestimate what we knew beforehand based upon what we later learned.

The question on the page originate from the summary of the following study material:

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