08 APR 2013 by ideonexus

 The Planning Fallacy

Professor McGonagall opened her mouth, then closed it. The witch rubbed the bridge of her nose, looking thoughtful. "Mr. Potter... if I were to offer to listen to you for a while... is there anything you'd like to talk to me about?" "About what?" "About why you're convinced you must always be on your guard against terrible things happening to you." Harry stared at her in puzzlement. That was a self-evident axiom. "Well..." Harry said slowly. He tried to organise his thoughts. How could he e...
Folksonomies: cognitive bias fallacy
Folksonomies: cognitive bias fallacy
  1  notes

We underestimate how close we are to completing a task, the only solution is to consider how long it took us to complete the last time we did it.

08 APR 2013 by ideonexus

 The Rules of Magic Don't Make Any Sense

Some children would have waited until after their first trip to Diagon Alley. "Bag of element 79," Harry said, and withdrew his hand, empty, from the mokeskin pouch. Most children would have at least waited to get their wands first. "Bag of okane," said Harry. The heavy bag of gold popped up into his hand. Harry withdrew the bag, then plunged it again into the mokeskin pouch. He took out his hand, put it back in, and said, "Bag of tokens of economic exchange." That time his hand came ou...
  1  notes

Rational Potter experiments with a magical bag that will give him whatever he asks for and doesn't understand why it can understand some requests but not others.