Cognitive Biases

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"# Cognitive Biases A wheel spins in a psychology lab. University of Oregon, 1974. It stops at ten. The researcher asks: "What percentage of African countries are in the United Nations?" The participant guesses twenty-five percent. Another participant. Same question. But their wheel stopped at sixty-five. They guess forty-five percent. Here's the thing: the wheel is rigged. Both participants *watched* the researchers rig it. They were told explicitly — the number means nothing. And yet t..."