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    | Source: Piattelli-Palmarini, M. (1994). Inevitable
      illusions. New York: John Wiley & Sons, Inc. | 
    
        
          | From: Chapter 7 "The Seven Deadly Sins"
      Pages 115-137 | 
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    | "Overconfidence" | 
    Many people show an unrealistic
      overconfidence in their answers to questions, even factual questions. "...the
      discrepancy between correctness of response and overconfidence increases
      as the respondent is more knowledgeable." (p.119) The more you know
      the more you need to guard against overconfidence. Be wary! | 
  
  
    | "Illusory Correlations (Magical thinking)" | 
    The person convinced of a "positive
      correlation...will always find new confirmations and justify why it should
      be so." (p122) "We are naturally... verifiers rather than
      falsifiers..." (p123) Good case for considering Karl Popper's philosophy
      of science--Conjecture and Refutation... | 
  
  
    | "Predictability in hindsight" | 
    "...we all honestly think we could have
      predicted what happened, as long as we know, or think we know, that it
      actually did happen." (p124) The "Historian's Fallacy" | 
  
  
    | "Anchoring" | 
    Our beliefs and opinions get arbitrarily
      "anchored" to such things as "first impressions,"
      first opinions, context, propaganda, news reports, authorities, emotions ...and they are quite resistant
      to change. (Pride gets in the way) | 
  
  
    | "Ease of representation" | 
    Which is greater, death from suicide or
      death from homicide? Homicide gets reported so people typically report a
      greater death rate via homicide. "...the more the occurrence
      impresses us emotionally, the more likely we are to think of it as also
      objectively frequent." (p128) Be wary of your imagination! | 
  
  
    | "Probability blindness" | 
    "Any probabilistic intuition by anyone
      not specifically tutored in probability calculus has a greater than 50
      percent chance of being wrong." (p132) We are "blind not only to
      extremes of probabilities, but also to intermediate probabilities..."
      (p131) Is our reaction to genetic engineering, nuclear power,
      pharmaceutical test demands rational? We have a non-rational
      "...peremptory desire that there be no risk at all...."
      (p131)  | 
  
  
    | "Reconsideration under suitable scripts" | 
    "...our judgment of probability allows
      itself to be influenced by fictions, including scenarios we know to be
      pure inventions." (p134) He calls this the "Othello
      Effect." | 
  
  
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