Cognitive biases
▶ Cognitive Biases: Alief
In this video, the psychologist Laurie Santos (Yale University) explains the philosopher Tamar Gendler (Yale University)'s concept of alief — an automatic or habitual mental attitude. The video discusses why aliefs differ from beliefs and how aliefs can affect our important decisions more than we expect. Speaker: Dr. Laurie Santos, Associate Professor of Psychology, Yale University
▶ Cognitive Biases: Anchoring
In this video, the cognitive scientist Laurie Santos (Yale University) explains the phenomenon of anchoring. She shows how arbitrary information sometimes can sometimes act as an anchor that affects our judgments in unexpected ways. Speaker: Dr. Laurie Santos, Associate Professor of Psychology, Yale University
▶ Cognitive Biases: Pricing Biases
Laurie Santos (Yale University) examines how people's economic choices tend to confuse price and value. She then describes how these so-called pricing biases compel us to incorrectly assume that higher priced goods will often work and taste better. Speaker: Dr. Laurie Santos, Associate Professor of Psychology, Yale University.
▶ Cognitive Biases: Reference Dependence and Loss Aversion
Laurie Santos, a psychologist at Yale University, explains two of our classic economic biases: reference dependence and loss aversion. Using a classic scenario from Kahneman and Tversky’s studies, she explores how these two biases violate economic rationality and how they affect the choices we make every day. Speaker: Dr. Laurie Santos, Associate Professor of Psychology, Yale University
▶ Cognitive Biases: Mental Accounting
The psychologist Laurie Santos (Yale University) explains the phenomenon of mental accounting: why we don't always assume that money is fungible. She explores why we set up different accounts for different purchases and how we can use our mental accounting biases to be happier about our financial decisions. Speaker: Dr. Laurie Santos, Associate Professor of Psychology, Yale University
▶ Cognitive Biases: Peak-End Effect
In this video, Laurie Santos (Yale University) explains why our memories of good and bad events are a biased. Specifically, she explains how our retrospective evaluations fall prey to the peak-end effect— a bias in which we overweight the peak and end of our everyday experiences— and how this bias leads us to ignore other features of the event like its duration. Speaker: Dr. Laurie Santos, Associate Professor of Psychology, Yale University
▶ Cognitive Biases: The GI Joe Fallacy
In this video, Laurie Santos (Yale University) discusses why knowing about our cognitive biases is not enough to overcome them. She’ll introduce a new cognitive error known as the G.I. Joe Fallacy, the tendency for our biases to stick around even when we should know better. Speaker: Dr. Laurie Santos, Associate Professor of Psychology, Yale University
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