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How Logical Are You? The Irrationality Illusion Tricks Most

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 Economics   |   Society / Culture   |   Math   |   Psychology   |   Social Science
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This video relates a cognitive bias ("irrational" decision) to an optical illusion (picture at 1:45). For more, check out my new book, "The Irrationality Illusion: How to Make Smart Decisions And Overcome Bias" http://amzn.to/1o3FaAg

Blog post (text and image explanation): http://wp.me/p6aMk-4u5

The "famous study" I refer to is this paper: Tversky, Amos, and Daniel Kahneman. "The framing of decisions and the psychology of choice." Science 211.4481 (1981): 453-458.

If you like my videos, you can support me at Patreon: http://www.patreon.com/mindyourdecisions

Connect on social media. I update each site when I have a new video or blog post, so you can follow me on whichever method is most convenient for you.

My Blog: http://mindyourdecisions.com/blog/
Twitter: http://twitter.com/preshtalwalkar
Facebook: https://www.facebook.com/pages/Mind-Your-Decisions/168446714965
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Instagram: https://instagram.com/preshtalwalkar/
Patreon: http://www.patreon.com/mindyourdecisions

Newsletter (sent about 2 times a year): http://eepurl.com/KvS0r

My Books

"The Joy of Game Theory" shows how you can use math to out-think your competition. (rated 4/5 stars on 21 reviews) http://amzn.to/1uQvA20

"The Irrationality Illusion: How To Make Smart Decisions And Overcome Bias" is a handbook that explains the many ways we are biased about decision-making and offers techniques to make smart decisions. http://amzn.to/1o3FaAg

"Math Puzzles Volume 1" features classic brain teasers and riddles with complete solutions for problems in counting, geometry, probability, and game theory. Volume 1 is rated 4.6/5 stars on 9 reviews. http://amzn.to/1GhUUSH

"Math Puzzles Volume 2" is a sequel book with more great problems. http://amzn.to/1NKbyCs

"Math Puzzles Volume 3" is the third in the series. http://amzn.to/1NKbGlp

"40 Paradoxes in Logic, Probability, and Game Theory" contains thought-provoking and counter-intuitive results. (rated 4.9/5 stars on 7 reviews) http://amzn.to/1LOCI4U

"The Best Mental Math Tricks" teaches how you can look like a math genius by solving problems in your head http://amzn.to/18maAdo

"Multiply Numbers By Drawing Lines" This book is a reference guide for my video that has over 1 million views on a geometric method to multiply numbers. http://amzn.to/XRm7M4

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