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Miserly Cognitive Processing

8/1/2014

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… no surprises to readers of this blog but it turns out that we tend towards laziness when we make decisions – the name ‘miserly cognitive processing’ is the psychological term, and this laziness or miserly convenience often leads to poorly thought through decisions based on incorrect data or interpretations of that data.Psychologist Dr. Kahneman, who won a Nobel Prize in economics for research into decision-making in 2002, says it is very difficult to overcome our split-second irrational reactions. "Much of it is automatic," he says. "Preferences come to mind and emotions arise, and we're not aware that we're making decisions and assumptions and therefore cannot control them."

Now, the Center for Applied Rationality (CFAR, a Californian based non-profit corporation) is there to help you with upcoming international workshops:
Friday, February 21 – Monday, February 24 (Melbourne)
Friday, March 21 – Monday, March 24 (SF Bay Area)
Friday, April 11 – Monday, April 14 (NYC area)
They claim to: "... turn mathematical and empirical insights into everyday skills like; how to make accurate predictions, how to avoid self-deception, and how to get your motivation where your arithmetic says it should be."
But don't worry: this won't change human nature which, as we know, depends on emotion for many very human traits. The odd secret of rationality is its reliance on emotions, says CFAR President Julia Galef, . "People are always really surprised at how much time we spend at the workshops talking about our feelings," says CFAR President Julia Galef, who has a degree in statistics. "Rationality isn't about getting rid of emotions, but analyzing them and taking them into consideration when making decisions," she says.


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    James Capon is a founding partner of Lazy Horses. He feels he is rational when he needs to be. But he's probably wrong about that.

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