Heuristics & Biases in Decision Making: How Our Brain Tricks Us π€
Discover how mental shortcuts influence our choices, sometimes leading us astray. Learn to recognize common biases and make better decisions every day.

Learn Liberty
697.0K views β’ Sep 25, 2017

About this video
We all use heuristics to make everyday decisions β but sometimes they blind us to the truth. So we need to do something that doesnβt come easy: accept that our ideas might be wrong.
Behavioral Economics (video series): Join Prof. Antony Davies of Duquesne University and Erika Davies of George Mason University as they take you on a crash course of behavioral economics, discussing topics like rational choice, heuristics, nudging, and public choice economics. https://www.youtube.com/watch?v=q1vMdKk8-N0&list=PL-erRSWG3IoCxSRg1aPHJFQ7IMpkhewFJ
What Voters Want (article): This article explains how heuristics affect voter behavior. https://www.nytimes.com/2016/01/26/opinion/campaign-stops/what-voters-want.html
Thinking, Fast and Slow (book): Psychologist and behavioral economist Daniel Kahneman explains common cognitive biases we fall victim to and explains how we can learn to see past them https://www.amazon.com/Thinking-Fast-Slow-Daniel-Kahneman/dp/0374533555/ref=sr_1_1?s=books&ie=UTF8&qid=1505316293&sr=1-1&keywords=heuristic
TRANSCRIPT:
For a full transcript please visit: http://www.learnliberty.org/videos/what-are-heuristics/
LEARN LIBERTY:
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/.
Behavioral Economics (video series): Join Prof. Antony Davies of Duquesne University and Erika Davies of George Mason University as they take you on a crash course of behavioral economics, discussing topics like rational choice, heuristics, nudging, and public choice economics. https://www.youtube.com/watch?v=q1vMdKk8-N0&list=PL-erRSWG3IoCxSRg1aPHJFQ7IMpkhewFJ
What Voters Want (article): This article explains how heuristics affect voter behavior. https://www.nytimes.com/2016/01/26/opinion/campaign-stops/what-voters-want.html
Thinking, Fast and Slow (book): Psychologist and behavioral economist Daniel Kahneman explains common cognitive biases we fall victim to and explains how we can learn to see past them https://www.amazon.com/Thinking-Fast-Slow-Daniel-Kahneman/dp/0374533555/ref=sr_1_1?s=books&ie=UTF8&qid=1505316293&sr=1-1&keywords=heuristic
TRANSCRIPT:
For a full transcript please visit: http://www.learnliberty.org/videos/what-are-heuristics/
LEARN LIBERTY:
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/.
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Views
697.0K
Likes
9.3K
Duration
3:49
Published
Sep 25, 2017
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