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Association bias

Why LEGOs Are So Expensive — And So Popular

A lot of people wonder how LEGO, selling a now un-patented product, can command both massive market share and sell at twice the price of the nearest competitor: Megablocks. Rhett Allain, in his WIRED …

Continue readingWhy LEGOs Are So Expensive — And So Popular

A Simple Checklist to Improve Decisions

We owe thanks to the publishing industry. Their ability to take a concept and fill an entire category with a shotgun approach is the reason that more people are talking about biases. Unfortunately, …

Continue readingA Simple Checklist to Improve Decisions

The Best Persuasion Technique for Job-Seekers

The Monitor spoke with Robert Cialdini, who wrote the now infamous Influence: The Psychology of Persuasion, about his work and its influence. At one point in the interview, Cialdini talks about the …

Continue readingThe Best Persuasion Technique for Job-Seekers

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