Ignore Sunk Costs: List of Biases in Judgment and Decision-Making, Part 1

It can be really fun to write a series of posts on a particular topic. By my count, I’ve done this at least seven times so far. Today, I’d like to start what I hope will be an oft-read series on biases in judgment and decision-making (to some, cognitive biases). Because of my background in …

What if Predicting the Future is a Skill?

In the shower this morning, I was thinking about some old research. Old since it’s almost 10 years old — so not “old,” per se. Anyway, I was thinking about those experiments where a person’s body knew before a startling picture was about to appear before them. In layman’s terms — predicting the future. Then I …

If You’re a Senior Executive and You’re Not on Twitter, You’re Doing It Wrong

I’ve seen a number of articles in the past 12 months (here’s one, and another, and another still) that discuss CEO’s and social media. Of the three I pointed to in the previous sentence, two are for and one is against. On the whole, I think the majority of what I’ve read in the popular …