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cognitive bias

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Model Perspective
Model Perspective
Apr 19, 2025 · Fundamentals

How Kahneman’s Final Decision Sheds Light on Human Rationality Limits

Daniel Kahneman, Nobel laureate and father of behavioral economics, chose assisted dying in March 2024, a personal decision that underscores his lifelong insights into human irrationality, as his prospect theory and dual‑system model continue to shape economics, psychology, AI, and decision‑making across fields.

Prospect Theorybehavioral economicscognitive bias
0 likes · 13 min read
How Kahneman’s Final Decision Sheds Light on Human Rationality Limits
Model Perspective
Model Perspective
Mar 17, 2025 · Fundamentals

How the Texas Sharpshooter Fallacy Skews Sports, Tech & Everyday Decisions

The Texas Sharpshooter Fallacy—selectively highlighting data that supports a claim while ignoring contradictory evidence—appears in sports highlights, tech marketing, startup storytelling, and even medical research, and the article explains its mechanics and offers practical steps to avoid being misled.

cognitive biascritical thinkingdata analysis
0 likes · 8 min read
How the Texas Sharpshooter Fallacy Skews Sports, Tech & Everyday Decisions
Model Perspective
Model Perspective
Jun 18, 2024 · Fundamentals

Why Statistics Mislead Us: Common Data Traps and How to Spot Them

Statistics permeate daily life, from news to personal decisions, yet common pitfalls like misleading averages, ambiguous percentages, and false causal links often trick us, so understanding these traps helps us interpret data more accurately and avoid faulty judgments.

Risk Assessmentcognitive biasdata interpretation
0 likes · 4 min read
Why Statistics Mislead Us: Common Data Traps and How to Spot Them