Cognitive bias: Ratio bias
You’ve decided to get vaccinated to enjoy your summer holidays. You go to the lab where two vaccines are offered, both have been tested on 4 million people. Vaccine 1:…
The Allais Paradox or the limits of rationality
Let's play two little games! First game: Imagine you have to push one of two buttons: If you push the blue button, you are guaranteed to receive $1 million directly…
Covid-19 vaccine: decisions under uncertainty
Would you accept the Covid-19 AstraZeneca vaccine if you had to make that choice today? You may have had this kind of conversation recently with your friends and family and…
Overconfidence
Are you overconfident? Let’s take this small test to get an answer! Please answer each question and indicated how confident you are in your answer. Which city has more inhabitants?…