Cognitive biases that affect relationships
If you’ve ever taken an economics course, you’d recall that basic economics is founded on the assumption that an individual is a fundamentally rational creature. This infallible being, homo economicus, when in possession of complete and accurate information, always chooses the option that maximizes their well-being. Of course, we all know that this is a flagrantly inaccurate assumption – people constantly act against their objective rational self-interest. In the 1970s, Israeli psychologists Amos Tversky and Daniel Kahneman studied and catalogued some of these irrationalties....