confirmation bias

You came up with this brilliant startup idea and now you’re sure you want to become an entrepreneur. All of a sudden, you start seeing advice about startups popping up everywhere: your Facebook and Twitter feed, when you turned on the TV, and when someone mentioned it at that meeting. ‘This must be a sign!... Read More

Chuba Ezekwesili, confirmation bias, habits, startups

June 19, 2013

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Opinion: The economic consequences of superstitions and false assumptions

by Chuba Ezekwesili …the average Nigerian’s life seems to be asynchronous to that of the Government’s opinion on how Nigerians are faring economically. Economics is about making decisions based on the limited options and resources we have. And since most of our decisions are based off the correlation between our actions and the effect, such correlations are important.... Read More

Chuba Ezeks, confirmation bias, correlations, economic consequences, Emotions, false assumptions, money, Naijanomics, opinion, superstitions