A New Way to Use Pinterest: Financial Charts

I don’t remember when I first signed up for Pinterest, but I do remember that when I did, I had “big” plans of using the site to create a vision board. As you can see from my Pinterest page, I haven’t used it since I signed up. There are any number of explanations I could offer […]

How Do We Free Magneto From the Pentagon: A Lesson in Functional Fixedness

I don’t know if you’ve had the chance to see the new X-Men movie — I rather liked it. There was a scene in the movie that presents a wonderful example of functional fixedness, depending upon your familiarity with the story. Before moving on, I should remind you of the meaning of functional fixedness. Essentially, it’s the […]

If All You Have is a Hammer…: List of Biases in Judgment and Decision-Making, Part 13

The popular ending to the title of this post is, “… everything looks like a nail.” I’m sure you’ve heard this phrase (or some variant thereof) before, right? I bet you didn’t know that this represents an important cognitive bias, though. In fact, I didn’t know that this phrase was popularized by one of the giants of […]