How Risky Is Gambling?
In the exploration of decision-making and risk, there is probably no better arena to examine than that of Gambling. Gambling is defined...
How The Perception Of Risk Distorts Our View Of Reality
Risk is an inherent condition of life, but just how risky is life? The primary function of our brain is to make decisions that ensure our...
Why We Fall For Ponzi Schemes (And Other Scams)
A Ponzi scheme is a fraudulent endeavor that pays earlier investors with the money taken from later investors; there is no actual...
The Dreaded Double Down
Last week I posted the blog Why Are We Doing This?, which touched on activities that distract us from achieving our goals and drain our...
What Are You Afraid Of?
As Franklin D. Roosevelt said, “The only thing we have to fear, is fear itself.” We all know that fear is a formidable emotion, but why...
When Our Brain Is On Autopilot
There are five notable occasions when our brains rely on autopilot thinking and the biases and fallacies that come along with it: When we...
The Emotional Tail Wags The Dog
Our brain is in essence an operating system that was designed for speed and efficiency in an unpredictable and unsafe world. We had to...