Hindsight Bias Examples: No, You Didn’t Know It All Along

Hindsight Bias Examples: No, You Didn’t Know It All Along

What is hindsight bias? How does it work, and how can you avoid it? Hindsight bias is the tendency to believe you have predicted events or outcomes that were unpredictable. Hindsight bias is a problem because it inflates our confidence about predicting the future. We’ll look at hindsight bias examples that make the above definition clearer. Learn why the hindsight bias in psychology is an issue and how to overcome it.

Expected Utility Theory: When It Works, and Where It Fails

Expected Utility Theory: When It Works, and Where It Fails

What is expected utility theory? How is it used to predict human behavior? And what are its flaws? Expected utility theory is a theory of how people make choices and take risks when they don’t know the outcome. Traditional expected utility theory asserts that people are rational agents that calculate the utility of each situation and make the optimum choice each time.  We’ll look at how expected utility theory for decision making works and cover some of its flaws.

Slow Thinking: The Secret to Smarter Decisions

Slow Thinking: The Secret to Smarter Decisions

What is “slow thinking?” How can you use it to become a better thinker and make better decisions? Slow thinking is when you allocate attention to the effortful mental activities that demand it, including complex computations. It’s often associated with the subjective experience of agency, choice and concentration. We’ll cover what slow thinking is and how to use it to make better decisions.

Premature Birth: Chances of Baby Survival

Premature Birth: Chances of Baby Survival

A premature birth occurs before 36 weeks and occurs in 12% of pregnancies. Early-term is between 37-38 weeks, and full-term is 39 and beyond. Over the past decades, survival for preterm babies has increased dramatically due to improvements like assisted ventilation (lungs develop later in pregnancy). It’s a marvel that even babies born at 22 weeks still have a shot at survival. What are the specific chances of survival for each week of pregnancy? How likely is a baby to survive at 24 weeks, vs 26 weeks, and 28 weeks?

What Are the Chances of Conceiving on Ovulation Day?

What Are the Chances of Conceiving on Ovulation Day?

What are your chances of getting pregnant, depending on the day that you ovulate? The good news is, your chances of getting pregnant are pretty good, ranging from 10 to 35%, depending on when you try conceiving relative to your ovulation day. However, outside of a range of days, you have 0% chance of getting pregnant. We’ll cover how ovulation works, your specific chances of conception before ovulation, and why the chance of getting pregnant varies so much.