Stories About Human Biases 😃

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Once upon a time a grain merchant loaded wheat on his camel's back. He managed to load 50 kilograms of wheat on one side. In order to balance the burden, he loaded another 50 kgs bag of sand on the other side. A passing man noticed this and asked the merchant: "Why you don't split the wheat to 25 kilograms on each side. That will help to lighten the weight and will allow the camel to move faster." The merchant liked that idea very much and immediately implemented the advice of the man. Then the merchant asked the man "Oh sir, you seem very wise, who are you, are you a known scholar or did you study in some well-known school?" The man replied to him: "No, I'm just a common man and have no strong credentials as you assumed". Following this answer, the merchant restored the sand bag and wheat and positioned them as they initially were! To explain the strange events even in this simple short story properly you need at least 3 cognitive biases: - AUTHORITY BIAS. The tendency to attr (...) Read more? Sign up for free

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		Relying on Lobbying Instead of Facts in Decision-making srinivas, Lecturer, India, Member
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		Facts and Figures not Used in Decisions Anonymous
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		Character is the Main Issue Yochanan Kirschenboim, Director, Israel, Member
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		One Needs to Stumble Upon it Yourself Rahul Sinha, Business Consultant, India, Member
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		Bias Story #2: the Man, the Boy, and the Donkey (Aesop Fables) Meheresh, Management Consultant, India, Premium Member
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		Biases Sometimes Rule the Events Heba, Business Consultant, Qatar, Premium Member
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		You Hurt Yourself by Paying that Much Attention to what Others Believe or Think About You Heba, Business Consultant, Qatar, Premium Member
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		Stoic's Decision Making Algorithm Meheresh, Management Consultant, India, Premium Member
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		Do You Want to be a Manager? Yochanan Kirschenboim, Director, Israel, Member
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		Listen to what Others Say, Without Hastening Analyze to Find the Truth srinivas, Lecturer, India, Member
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		Sense and Sensibility Maurice Hogarth, Consultant, United Kingdom, Premium Member
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		Story #3 About Biases Heba, Business Consultant, Qatar, Premium Member
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