Categories
Politics and Public Policy

Biases in news reports and media coverage of the Russo-Ukrainian conflict

Media, all sorts of it, is full of biases. Many, we notice on a daily basis, yet others are rather more subtle. The recent outbreak of events on the Ukranian border, however, has brought a concerning number of those biases to light. It is concerning because of the ramifications on a worldwide scale.   What biases […]

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Everyday Life

House vs. The Mind: Are You Tricked Into Gambling?

Think of a fun place to be: free drinks and snacks, attractive and flirty personnel, bright lights, and a sense of luxury… Guess what? You ended up in a casino! Speaking of the devil, everybody knows that casinos make you spend more than you are intended to. The mystery is: how do they do it? […]

Categories
Everyday Life

The secret attraction of cults 

The world “cult” comes from the Latin “cultus”, meaning “to till or cultivate”. In antiquity it was used to describe the sacrifices, offerings, and monuments built to cultivate favor with the gods, whereas in time, it came to mean any unorthodox religion.  It is a known fact how dangerous a cult could be: they may […]

Categories
Business World

Biases in the hiring process

This short article aims to showcase behavioural biases in the hiring process and shed light on how to effectively prepare for a job interview considering three key biases which may affect the interviewer, the candidate, or both.  1.         The Anchoring Effect  ‘The anchoring effect is a cognitive bias that describes the common human tendency to rely […]

Categories
Philosophy and Literature

The cyanic illusion: a look inside human interaction

Let’s play a game. Imagine you wake up (or better, your conscience does) and you are trapped in an empty room inside your brain. You can see, move, and touch with your own body, but you cannot speak. In fact, your mouth opens, words flow out; you can laugh and interact with your family and friends, but you cannot decide what to say. […]

Categories
Environment Politics and Public Policy

Cooling down environmental panic: Are we biased in the way we approach climate change? 

Thousands of years ago, human beings transcended the overwhelming wrath of nature, proceeded to overcome tribal wars amongst each other (kind of), and now live in a state of chaotic harmony across the planet. However, by our own hands, the conflict with nature has once again ensued—this time on a world stage. Climate change is […]

Categories
Business World Irrational Investments and Behavioural Finance

How biases affect market prices

How much would you pay for a tulip? And for a nice apartment downtown? What is going on when the market price of such an object is extremely high? Chances are you are facing a market bubble. At least once in our life, we have heard about the above-mentioned market bubbles. But what exactly are […]

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Business World

How biases affect betting in the world’s most betted-on sport, football

Football, or soccer, as you wish to call it, is the most popular sport in the world by a landlside. Its viewership numbers dominate those of any other sport. For comparison’s sake, the NFL Super Bowl, which is the most-watched sporting event in the United States, reached a total viewership of just under 100 million […]

Categories
Everyday Life

More insects, less bias: Towards overcoming cultural differences

An overconsumption of meat and increasing pressure on land and water resources is making it challenging to feed a population that is growing at a faster pace than the food supply chain. The over-exploitation of agricultural resources and the natural ecosystem is contributing to severe issues such as global warming, food insecurity and mineral depletion. […]

Categories
Everyday Life

Unwillingly dishonest: cheating and self-deception

“Above all, don’t lie to yourself. The man who lies to himself and listens to his own lie comes to a point that he cannot distinguish the truth within him, or around him…”  Fëdor Dostoevskij, The Brothers Karamazov We are constantly exposed to examples of dishonest behavior. We read about it in the news or […]