Tag: Leadership Lessons
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How SELF HERDING makes us IRRATIONAL?
Understanding the phenomenon of Self Herding Self Herding is a phenomenon that makes us innately irrational. The insight below illustrates this phenomenon and the irrationality around the same.
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TWO FLAWS in TRADITIONAL ECONOMIC theory.
Understand the flaws in traditional economic theory Traditional economic theory assumes that a human being is rational. The human irrationality exposes the major flaws in the traditional economic theory.
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Biggest difference between Standard and Behavioral Economics.
Standard versus Behavioral Economics Human irrationality is the myth that is exploded by behavioral economics which makes it different. Please see below the insight calling out this difference.
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Harmful Effects of being lured by the Gravitational Pull of Free
Gravitational Pull of free – harmful effects The harmful effects of being lured by the gravitational pull of free have been highlighted below from Predictably Irrational.
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Quick Test to check the Gravitational Pull of Free
Have you experienced this Gravitational Pull of Free? Shown below is a quick test to check the effect of the gravitational pull of free.
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Our BRAIN’s LOVE for RELATIVITY.
Our brain’s love for relativity
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Anchor Effect and its relation to Decision making.
Anchor effect and relation to decision making
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Adopt an Infinite Mindset to play the game of Life
The Infinite Game of Life The biggest lesson I have learnt lately which I wish I learnt early on in life is that: Life is an Infinite Game. Inspired by Simon Sinek’s book The Infinite Game, i now realize that there is no winning or losing in life. We just need to keep on playing…
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Optimism is the other name of Life
Where there is Optimism there is life My favorite word is Optimism. Being optimism and having faith in god gives me the strength to remain in flow and ward off any negative thoughts along with anxiety. Research has proven that there are several benefits in remaining optimistic such as: I am a big time Simon…
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Understanding the DECOY EFFECT to TRIGGER IRRATIONALITY
Decoy effect to trigger irrationality