A core component of making great decisions is understanding previous decisions. If we don’t understand how we got “here,” we run the risk of making things much worse.
everything is a nail, or at least it ought to be
“the irrational decision” by Ben Recht
Mindful Judgment and Decision Making
A full range of psychological processes has been put into play to explain judgment and choice phenomena. Complementing work on attention, information integration, and learning, decision research over the past 10 years has also examined the effects of goals, mental representation, and memory processes. In addition to deliberative processes, automatic processes have gotten closer attention, and the emotions revolution has put affective processes on a footing equal to cognitive ones. Psychological process models provide natural predictions about individual differences and lifespan changes and integrate across judgment and decision making (JDM) phenomena. “Mindful” JDM research leverages our knowledge about psychological processes into causal explanations for important judgment and choice regularities, emphasizing the adaptive use of an abundance of processing alternatives. Such explanations supplement and support existing mathematical descriptions of phenomena such as loss aversion or hyperbolic discounting. Unlike such descriptions, they also provide entry points for interventions designed to help people overcome judgments or choices considered undesirable.
notes on the industrialisation of decision making
worrying away at an old subject
Why major life decisions should be approached with ‘epistemic humility’ | Psyche Videos
At a crossroads in life? No matter how much you deliberate, one unknowable remains: the person you will be on the other side
The mistake we all make... and the simple experiment that reveals it
Your answer reveals how you see the world – and the common error that hampers our decision making. In an extract from his new book, psychologist Richard Nisbett reveals the ‘mindware’ to help us think smarter
The Irrational Decision
How the computer revolution shaped our conception of rationality—and why human problems require solutions rooted in human intuition, morality, and judgment
Michael Baym on Twitter / X
Remember that you, by definition, cannot distinguish between a good idea and a failure of your own knowledge, judgement, or taste. This is why external (ideally expert) feedback is crucial— Michael Baym (@baym) March 25, 2026
Thinking Fast, Slow, Artificially: AI and Your Brain
AI can boost your decisions — or quietly undermine them. Wharton researchers introduce a new theory of cognition that every leader needs to understand.
The Backward Mentality to Finding Victory - Mockingbird
It Doesn't Always Pay to Be a Thinker
Cognitive Bias Lab | Learn to Make Better Decisions
Explore cognitive biases with interactive tests, simulations, and real-world examples. Free platform to sharpen decision-making and critical thinking — no sign-up needed.
The hidden ‘rules of the game’ that dictate how we navigate the world | Psyche Videos
How free are we really, if human behaviour embodies the complex, intertwined webs of society and history?
The Realization Effect: Risk-Taking after Realized versus Paper Losses
Understanding how prior outcomes affect risk attitudes is critical for the study of choice under uncertainty. A large literature documents the significant influence of prior losses on risk attitudes. The findings appear contradictory: some studies find greater risk-taking after a loss, whereas others show the opposite—that people take on less risk. I reconcile these seemingly inconsistent findings by distinguishing between realized versus paper losses. Using new and existing data, I replicate prior findings and demonstrate that following a realized loss, individuals avoid risk; if the same loss is not realized, a paper loss, individuals take on greater risk.
The Imperfectionist: Interest is everything
Interest is everything Each time I sit down to choose a topic for this newsletter, there’s a moment when my self-important inner judge – who loves to involve himself in such mat...
"There is a contrast between my biological development, confidently realizing its in-built norm, and my fumbling psychological development, realizing partially..one among many apparently possible orders .. Learning what to want is the most radical, the most painful and the most creative art of life"
