Why Your Mind Plays Tricks On You (Episode 49)

SUMMARY

The best business decisions are made without emotion, right? But what if it is not humanly possible to do this? In this episode, Andy talks to world-renowned neuroscientist Tali Sharot. Find out what decision biases are most common, and how they affect your decision-making.

SHOW NOTES:

2:20 How Did Andy First Learn About Decision Making?

9:09 What Is Cognitive Neuroscience?

11:37 What Is Optimism Bias?

19:36 Does Optimism Offer Entrepreneurs Any Advantages?

23:54 Does Optimism Offer Entrepreneurs Any Disadvantages?

29:02 What Can We Do To Discover Our Biases?