What Is Introverted Thinking and How It Is Different from Extroverted One

Did you know that the Myers-Briggs Personality Theory uses our way of thinking to separate us into introverted and extroverted individuals? If this is a surprise to you, then you’re not the only one. I thought the personality traits of introverts and extroverts extended only to external behaviour. For example,…

4 Signs of Overconfidence Bias and How It Affects You Judgement

Overconfidence bias is something we are all guilty of and we may not even realize how much it affects our judgment. What is overconfidence bias? Overconfidence bias, or the overconfidence effect, is a bias established in a person’s subjective confidence of their judgments. As a result, that person will consider…

What Is the Barnum Effect and How It Can Be Used to Fool You

Have you ever read your horoscope and thought that it was amazingly accurate? You might just be a victim of the Barnum Effect. The Barnum Effect, also known as the Forer Effect, occurs when people believe that vague and general descriptions are accurate representations of traits that belong to them…

The Psychology of Anchoring and How It Affects Your Ideas & Decisions

Anchoring in psychology is a specific cognitive bias. It takes the form of individuals grabbing hold of the one piece of information they heard first, to the detriment of other information. You might know this as ‘first impressions’ – when someone relies on their own first idea of a person…

8 Important Quotes by Plato and What We Can Learn from Them Today

The following quotes are profound, important and representative of Plato's philosophy as a whole. However, before we examine these quotes, let’s take a look at who Plato was and what his philosophy amounts to. Who Was Plato? Plato (428/427 BC or 424/424 – 348/347BC) was born and died in Ancient…

3 Interesting Decision-Making Theories Which Explain the Choices We Make

Decision-making theories come are quite useful. When it's time to make an important choice, there's no need to delay. Whether we are familiar with theories regarding decision-making or not, in this day and age, choice is in abundance. What do we want to eat, which sofa should we purchase, do…