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59:44 // Probability Misjudgments and Base Rate Neglect
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Classroom Contents
Blind Spots and Bad Decisions - Why We Fall for Financial Traps
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- 1 00:00 // Introduction – Two Sides of Finance
- 2 03:37 // Are We Rational?
- 3 04:30 // The Bottomless Bowl and Mindless Eating
- 4 06:57 // Boredom and Self-Inflicted Pain
- 5 09:59 // Belief and Preference Biases
- 6 10:53 // Pattern Recognition Gone Wrong
- 7 17:49 // Overconfidence and Optimism
- 8 23:23 // Availability Heuristic
- 9 28:41 // Representativeness and Stereotyping
- 10 35:39 // Anchoring and Arbitrary Numbers
- 11 43:00 // Confirmation Bias and Social Judgments
- 12 46:29 // Preference Bias – Reference Points and Decoys
- 13 53:33 // Mental Accounting and Income Framing
- 14 57:51 // Gambling Fallacies and Target Biases
- 15 59:44 // Probability Misjudgments and Base Rate Neglect
- 16 03:02 // How We’re Manipulated
- 17 06:49 // Conclusion – What’s Next?