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Showing posts from January, 2024

Decoding False Memory: What You Need to Know

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  Hi Everyone! Hope you are doing well in life 😀 To put it simply for you, I would like to discuss a unique and hazardous idea with you today that has the potential to have a significant impact.  Imagine your younger sister, when asked to describe her feelings when she gets lost in a mall, telling her friend about an experience she had as a child. Your sister is narrating the story in great detail, and you find yourself impressed even if what she is saying is flat out false! Why has this happened when the tale was far simpler and less risky than what your sister was telling her friend? Is it possible that your sister is lying? The answer is NO, your sister is simply experiencing the FALSE MEMORY EFFECT!! Let me explain. Research indicates that most people have trouble estimating the length of an event and report numerical details like time, speed, and distance incorrectly. This is because our memories are prone to outside influences, such as suggestions made by others and the...

Understanding Loss Aversion: A practical Insight into Making Fear- Free Decisions

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Hi Everyone!   I hope everything is going well for you!   I'm going to discuss a cool idea and a practical tip that we all encounter on a daily basis today: you may check your email right now! and assess oneself.   All right, what's this trick? Before I tell you about it, allow me to set the scene. When you were last at the grocery store or a supermarket, what caught your attention the most? No, I don't mean a particular product! Rethinká…³that is, offersá…³right!   The best thing about shopping, don't you think, is the deals? Why is it the case?   We are duped by these deals because they are temporary and only available during certain events and occasions.   and that what make us get fooled with these offers even if we don't need the product or service, but the fear of missing out the offer, and that is what our today's concept, "Loss-Aversion".   “loss aversion”, is the dis-utility of giving upon the object is greater than the...

Embracing Change: The Psychology Behind the Spark

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Picture the crack of dawn on the first day of a new year. What comes to mind? Grand aspirations, dreams of ideal weights, and visions of soaring incomes. We're all familiar with the ritual of setting ambitious goals and crafting action plans to turn our dreams into reality. But why does our enthusiasm often wane as days slip by, leaving our plans untouched? Enter the fascinating "Fresh Start Effect." Even seemingly ordinary events, like a birthday or the start of a week, possess a mystical power to stir something within us. Delving into the Fresh Start Effect, researchers have conducted studies that go beyond mere speculation. From scrutinizing Google searches for the term "diet" to monitoring gym attendance on a university campus and exploring commitment contracts on the Stickk website, the evidence is concrete. This isn't just a hypothesis; it's a tried-and-true phenomenon. This exploration unravels two psychological triggers that fuel the Fresh Start ...