281: Cognitive Biases

<p>The boys drink and review a fresh hop IPA from Stone Brewing, then discuss common biases in the way we think.&nbsp;</p> <p>Cognitive biases are examples of ways in which our brains can point us down a non-rational path. But why do we have these biases? Why did they evolve?&nbsp;</p> <p>Could it be that there are situations where it's better not to be rational?&nbsp;</p> <p>The boys discuss as they review the following examples.&nbsp;</p> <p>* Reactance</p> <p>* The framing effect</p> <p>* The availability heuristic</p> <p>* The sunk cost fallacy</p> <p>* Groupthink</p> <p>* Declinism</p> <p>* Self-serving bias&nbsp;</p> <p>* The Placebo effect&nbsp;</p> <p>* In-group bias&nbsp;</p> <p>* The halo effect&nbsp;</p> <p>* The curse of knowledge&nbsp;</p> <p>* Anchoring&nbsp;</p> <p>* Confirmation bias</p> <p>It's good to be aware of these departures from strictly rational thinking, but it's also good to be aware of why we have them in the first place.&nbsp;</p>