Interesting phenomenon to read
Occam Razor
Ockham that says that if you
have two competing ideas to explain the same phenomenon, you should prefer the
simpler one.
Survivorship bias or survival bias: the logical
error of concentrating on entities that passed a selection process while
overlooking those that did not.
Lagom- Just right amount to enjoy anythin
Ratner effect: a term used to
describe when someone harms their reputation by making damaging comments about
their own product or company.
Pay the duck :It means to pay
for something you did not do. Someone who “pays the duck” is like a scapegoat,
not necessarily chosen to be a scapegoat, he just happened to be the one held
accountable for it.
Buy a lemon : to purchase an
item, typically a product or object, that is defective, unsatisfactory, or of
little value or use.
Marshmallow theory- Walter Torch-
Patience and success
Seignorage - Money printing cost and value of money difference
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Boids algorithm..Birds flying
Prince Rupert drop
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optimal stopping theory -
Secretary problem - 37% of people
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Loss aversion - psychology
trick of persuasion
Interesting Laws To Know..
1. Murphy’s Law: The more you
fear something the more it will happen.
2. Kidlin’s Law: If you can
write the problem down clearly then the matter is half solved.
3. Gilbert’s Law: The biggest
problem at work is that no one tells you what to do.
4. Walson’s Law: If you put
information and intelligence first at all times. Then the money keeps coming
in.
5. Falkland’s Law: When you
don’t have to make a decision, then don’t make the decision.
6. Parkinson's Law : Work
expands to fill the time alloted to it's completion
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RASHOMON EFFECT
a
situation where different people provide conflicting, yet plausible, accounts
of the same event, challenging the idea of a single objective truth and
highlighting the subjectivity and unreliability of memory and perception.
https://rorschach-inkblot-test.com/ - Psychological test
Diderot effect -
acquiring a new possession can trigger a cascade of further desires or
purchases, leading to excessive materialism and potentially financial problems.
Sandbagging :
when
a person or company intentionally lowers its estimation for success with the
goal of producing greater-than-expected results.
The McGurk effect: an
illusion that occurs when the auditory and visual components of speech don't
match
Decoy effect.. inferior
available choices
The Rehnbinder
effect. The Rehbinder effect in physics is the reduction in the hardness and
ductility of a material, particularly metals, by a surfactant film
https://fb.watch/v/39LrQGOGF/
http://www.relationship-closeness-inventory.com/
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*The Missing Goat, "Goat
no 3"...
It all started one lazy Sunday
afternoon in a small town near Toronto
in Canada. Two school-going friends had a crazy idea. They rounded up three
goats from the neighborhood and painted the numbers 1, 2 and 4 on their sides. That
night they let the goats loose inside their school building. The next morning,
when the authorities entered the school, they could smell something was wrong. They
soon saw goat droppings on the stairs and near the entrance and realized that
some goats had entered the building.
A search was immediately
launched and very soon, the three goats were found. But the authorities were
worried, where was goat No. 3? They spent the rest of the day looking for goat
No.3. The school declared classes off for the students for the rest of the day.
The teachers, helpers, guards, canteen staffs, boys were all busy looking for
the goat No. 3, which, of course, was never found. Simply because it did not
exist.
Those among us who in spite of
having a good life are always feeling a "lack of fulfilment" are
actually looking for the elusive, missing, non-existent Goat No.3. Whatever the
area of complaint or dissatisfaction, relationship, job-satisfaction, finance,
achievements,
Let's Stop worrying about goat
No.3 n enjoy the life...Life would be so much
happier without the worries. And
don't let the non existent imaginary goat number 3 waste your time and
happiness. Enjoy life with what you have.
🐐🐐 ? 🐐
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Surrounded by toxic people at
office
Glass of water
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What is this *Zohnerism*?
*Zohnerism* -
is all about twisting of simple facts to confuse people!
To know more about it, please
read this:
In 1997, 14 year old Nathan
Zohner presented his science fair project to his classmates, seeking to ban a
highly toxic chemical from its everyday use.
The chemical in question?
Dihydrogen monoxide.
Throughout his presentation,
Zohner provided his audience scientifically correct evidence as to why this
chemical should be banned.
He explained that dihydrogen
monoxide:
--Causes severe burns while
it’s in gas form.
--Corrodes and rusts metal.
--Kills countless amounts of
people annually.
--Is commonly found in tumors,
acid rain etc.
--Causes excessive urination
and bloating if consumed.
--Zohner also noted that the
chemical is able to kill you if you depend on it and then experience an
extended withdrawal.
He then asked his classmates if
they actually wanted to ban dihydrogen monoxide. And so, 43 out of the 50
children present voted to ban this clearly toxic chemical. However… this
chemical isn’t typically considered toxic at all.
In fact, dihydrogen monoxide is
simply H2O, which is nothing but water.
Nathan Zohner’s experiment
wasn’t a legitimate attempt to ban water, but instead an experiment to get a
representation of how gullible people can really be. Also, all of the points
that Zohner used to convey his point were 100% factually correct; he just
skewed all of the information in his favour by omitting certain facts.
In recognition of his
experiment, journalist James K. Glassman coined the term "Zohnerism"
to refer to "the use of a true fact to lead a scientifically and
mathematically ignorant public to a false conclusion".
And this occurs a lot more
often than you think, especially when politicians, conspiracy theorists, etc.,
use proven facts to persuade people into believing false claims.
The fact that people can
mislead, and be misled so easily, is highly unsettling.
*A very meaningful sensible Writeup that
applies to today's world more than anytime before.*
This is what is happening every
day on the social media.
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Missing tile syndrome
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Zeigarnik
effect - students
who suspend their study to perform unrelated activities or people more likely
to remember tasks that are left incomplete than those that have been completed
Mere
exposure effect - that repeated exposure to a stimulus
increases perceptual fluency, People are more likely to prefer things that they
have been exposed to frequently.
Framing
effect – The way in
which information is presented can influence how it is perceived and
understood.
Anchoring
effect - People tend to rely too heavily on the first
piece of information they receive when they make decisions.
Troxler
effect. When one fixates on a particular point for even a short
period of time, an unchanging stimulus away from the
fixation point will fade away and disappear.
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