Bakshi: Answering "Why" With "Part of the Reason" Curbs First-Conclusion Bias
Sanjay Bakshi · #3 Sanjay Bakshi: Why Mental Models · Sep 18, 2015 · at 10:57
Finance professor Sanjay Bakshi discusses cognitive mental models and heuristics for analyzing complex problems with host Shane Parrish.
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“The way to do that is to always answer a question why by the phrase part of the reason. Because that removes the availability heuristic, the first conclusion bias. Because there are, in, in a world which is full of complexity, there are multiple answers. There are second order effects and third order effects. And you can think of those, I think, especially well if you start your answers with the phrase part of the reason.”
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