Post-rationalization, as you would have smartly guessed it, is making up the reasons or narratives post-facto. Here’s an example of you post-rationalizing:
Book Review
Daniel Kahneman, alongwith his late partner, Amos Taversky is considered amongst the pioneers of the field of Behavioral Economics. Kahneman and Taversky discovered some of the earliest known…
I was standing on the pavement the other day having a smoke. Short while later, a woman passes me by, and as she came close, she covered her nose and mouth with her scarf — to protect herself from the cigarette smoke. But what I found funny was that on the road, not two feet away were cars, bikes…
Have you never drank a cold drink (whichever is your favorite), had a chocolate or an ice cream when you were sad?
When I first thought of this, my initial thoughts were no. I zipped past my memories in recent years and saw myself…
Have a look at this wonderfully creative video on the 6 shortcuts to persuading others.
The original link to the video is here.
Here’s a WIRED.com article by Jonah Lehrer that is interesting.
Click to read…
Ever felt confused or uncomfortable when you hold two conflicting views, like, let’s say, “I love coffee!” and “Coffee will eventually kill you!” (this is absolutely a…
I usually give a lot of examples of seeing loss aversion bias in real life, from rickshaw-wallahs in Indian cities to amateur investors, but none from the world that I come from.
Last year I got into an argument with a Pune Municipal Transport’s (PMT)bus conductor. I had forgotten my phone in the bus and realized it only when I was half way from the town center and the factory I was consulting at…
Imagine that you and I were playing a game. A game where, I had to give you hundred bucks if the coin you toss landed tails and where you had to give me a hundred if it landed heads. You start tossing the coin, and land heads five times in a row. You are five hundred…
