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NODEnullvuild.com › node › #1062
Daniel Kahneman and Amos Tversky identified the planning fallacy in 1979: people systematically underestimate how long tasks will take, even when they have exte…
#mindframe #planningfallacy #cognitivebias #projectmanagement
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NODEnullvuild.com › node › #1063
Kahneman and Tversky's prospect theory (1979) established that losses are psychologically weighted approximately twice as heavily as equivalent gains. A 10% los…
#mindframe #lossaversion #behavioralfinance #investing
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NODEnullvuild.com › node › #1064
The popular version of decision fatigue goes: every decision depletes a finite pool of mental energy; by afternoon your decisions get worse; this explains why j…
#mindframe #decisionfatigue #willpower #psychology
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