This book is part of the non-fiction related to cognitive psychology that studies reasoning errors and mental traps (heuristics and bias) we fall into every day.
For what reasons? The most diverse and not all negative.
Reasoning errors are often due to “thinking shortcuts“, called heuristics, which we constantly use during the day, and which greatly facilitate our life; however, on certain occasions, these shortcuts drive us into error (bias) and bring to light our cognitive limits.
What are the error situations we can run into?
The author has identified dozens of them, which you can easily scroll through in the summary.
This book has some distinctive features:
Although referring to specific and authoritative studies, the author focuses primarily on the effects that cognitive errors can have on our decisions and personal performance;
The chapters are short and can be read quickly and easily, which is particularly useful when identifying measures to avoid a possible critical situation;
The author makes extensive use of critical thinking as a means to help the reader become aware of their own cognitive limitations, avoid at least the most common ones, and get out of the trap of easy illusions.
It is precisely the extensive use of critical thinking that might represent both a limitation and a strength at the same time; since, if on the one hand it helps us to unmask easy illusions, on the other it may undermine our dreams.
But if dreams can survive the test of critical thinking well,
they have a genuine chance of being realized.
Now, before going to the contents, here is a short video in which Rolf Dobelli, the author, introduces the book.
Summary
Introduction
Why you should visit cemeteries: survivorship bias
Does Harvard make you smarter? Swimmer’s body illusion
Why you see shapes in the clouds: clustering illusion
If 50 million people say something foolish, it is still foolish: social proof
Why you should forget the past: sunk cost fallacy
Don’t accept free drinks: reciprocity
Beware the ‘special case’: confirmation bias (part 1)
Murder your darlings: confirmation bias (part 2)
Don’t bow to authority: authority bias
Leave your supermodel friends at home: contrast effect
Why we prefer a wrong map to no map at all: availability bias
Why ‘no pain, no gain’ should set alarm bells ringing: the it’ll-get-worse-before-it-gets-better fallacy
Even true stories are fairytales: story bias
Why you should keep a diary: hindsight bias
Why you systematically overestimate your knowledge and abilities: overconfidence effect
Don’t take news anchors seriously: chauffeur knowledge
You control less than you think: illusion of control
Never pay your lawyer by the hour: incentive super-response tendency
The dubious efficacy of doctors, consultants and psychotherapists: regression to mean
Never judge a decision by its outcome: outcome bias
Less is more: the paradox of choice
You like me, you really really like me: liking bias
Don’t cling to things: endowment effect
The inevitability of unlikely events: coincidence
The calamity of conformity: groupthink
Why you’ll soon be playing mega trillions: neglect of probability
Why the last cookie in the jar makes your mouth water: scarcity error
When you hear hoofbeats, don’t expect a zebra: base-rate neglect
Why the ‘balancing force of the universe’ is baloney: gambler’s fallacy
Why the wheel of fortune makes our heads spin: the anchor
How to relieve people of their millions: induction
Why evil strikes harder than good: loss aversion
Why teams are lazy: social loafing
Stumped by a sheet of paper: exponential growth
Curb your enthusiasm: winner’s curse
Never ask a writer if the novel is autobiographical: fundamental attribution error
Why you shouldn’t believe in the stork: false causality
Everyone is beautiful at the top: halo effect
Congratulations! You’ve won Russian roulette: alternative paths
False prophets: forecast illusion
The deception of specific cases: conjunction fallacy
It’s not what you say, but how you say it: framing
Why watching and waiting is torture: action bias
Why you are either the solution – or the problem: omission bias
Don’t blame me: self-serving bias
Be careful what you wish for: hedonic treadmill
Do not marvel at your existence: self-selection bias
Why experience can damage our judgement: association bias
Be wary when things get off to a great start: beginner’s luck
Sweet little lies: cognitive dissonance
Live each day as if it were your last – but only on Sundays: hyperbolic discounting
Any lame excuse: ‘because’ justification
Decide better – decide less: decision fatigue
Would you wear Hitler’s sweater? Contagion bias
Why there is no such thing as an average war: the problem with averages
How bonuses destroy motivation: motivation crowding
If you have nothing to say, say nothing: twaddle tendency
How to increase the average IQ of two states: Will Rogers phenomenon
If you have an enemy, give him information: information bias
Hurts so good: effort justification
Why small things loom large: the law of small numbers
Handle with care: expectations
Speed traps ahead! Simple logic
How to expose a charlatan: Forer effect
Volunteer work is for the birds: volunteer’s folly
Why you are a slave to your emotions: affect heuristic
Be your own heretic: introspection illusion
Why you should set fire to your ships: inability to close doors
Disregard the brand new: neomania
Why propaganda works: sleeper effect
Why it’s never just a two-horse race: alternative blindness
Why we take aim at young guns: social comparison bias
Why first impressions deceive: primacy and recency effects
Why you can’t beat home-made: not-invented-here syndrome
How to profit from the implausible: the black swan
Knowledge is non-transferable: domain dependence
The myth of like-mindedness: false-consensus effect
You were right all along: falsification of history
Why you identify with your football team: in-group out-group bias
The difference between risk and uncertainty: ambiguity aversion
Why you go with the status quo: default effect
Why ‘last chances’ make us panic: fear of regret
How eye-catching details render us blind: salience effect
Why money is not naked: house-money effect
Why new year’s resolutions don’t work: procrastination
Build your own castle: envy
Why you prefer novels to statistics: personification
You have no idea what you are overlooking: illusion of attention
Hot air: strategic misrepresentation
Where’s the off switch? Overthinking
Why you take on too much: planning fallacy
Those wielding hammers see only nails: deformation professionnelle
Mission accomplished: Zeigarnik effect
The boat matters more than the rowing: illusion of skill