The Dunning-Kruger Effect: Why Incompetent People Overestimate Their Skills
Have you ever met someone who confidently speaks nonsense or a coworker who thinks they’re a genius despite constant mistakes? This isn’t just arrogance—it’s the Dunning-Kruger […]
Understanding Prospect Theory: Why We Fear Losses More Than We Value Gains
Have you ever wondered why losing $100 feels more painful than gaining $100 feels satisfying? This psychological bias is at the heart of Prospect Theory, a […]
The 10-10-10 Rule: How to Make Smarter Decisions by Thinking Long-Term
Every day, we make choices—some small, some life-changing. But how often do we pause and consider their long-term consequences? The 10-10-10 Rule, popularized by author Suzy Welch, […]