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PLANNING FALLACY
Japanese Proverb of the Day: "If you get on the wrong train, get off at the first stop. The longer you stay..." A life lesson on dangers of staying too longA Japanese proverb offers profound advice on decision-making, urging individuals to recognize and correct wrong paths early. It warns again...- Psychology says people accept bad behavior from partners that they would never tolerate from friends: Harville Hendrix's insights explain whyAccording to the psychological insights of Harville Hendrix, people often put up with behaviors from romantic partners that they would neve...
- Quote of the day by Taylor Swift: ‘Giving up doesn't always mean you're weak; sometimes…’ – ‘Taylor’s version’ on letting go, self respect and moving forwardModern culture often praises relentless persistence. However, the article highlights that knowing when to release what no longer serves us ...
- Why Do People Suddenly Lose Interest After Getting The Job They Wanted?Many people lose interest in their dream jobs soon after getting them. This happens because the brain's dopamine release stops once the goa...
- What’s the psychology behind people who arrive at the airport hours early and fear missing a flight?The psychology of people who arrive at the airport too early reflects a complex blend of anxiety, personality traits, and learned behaviour...
- When “Quick Wins” Quietly Replace Long-Term Thinking at WorkOrganizations often prioritize rapid outcomes over sustained quality, driven by present bias and the planning fallacy. This leads to fragme...
- Be cool and stay cool in Indian summers - Desi styleIndia continues to wear Western suits as workwear, a colonial imposition. European traders brought these clothes, but local cotton garments...
- The Planning Fallacy: When Optimism Sets the Deadline and Reality Does the WorkWorkplace tasks often extend beyond initial estimates due to the "Planning Fallacy," a cognitive bias where optimistic projections overlook...
- Don't wait for 100%When navigating the subjective landscapes of creativity and management, perfection often feels like a distant dream. This can lead to the t...
- Why we order food online despite a fridge full of groceries? It is not just laziness: The hidden psychology behind our choicesDespite refrigerators full of fresh groceries, many Indians turn to Swiggy or Zomato by midweek. A VegOut report reveals this paradox stems...
- Auctions preferred as satcom players seek retail play, says JioReliance Jio is urging India's telecom regulator to auction satellite spectrum, arguing that global companies like Starlink and Amazon Kuip...
- UK student loans: How much you can borrow, how and when to repay, details insideEverything from how much you may borrow as student loan in England, to when and how you repay is covered.
- View: RBI cherry-picks data to predict V-shaped recoveryRBI’s rose-tinted outlook is based on the V-for-Victory-shaped graph depicting the skyrocketing ascent of the economy, after its equally pr...
- View: Modi and the sunk cost fallacyThe government has pegged 2016-17 GDP growth at 6.5% and revised downward the 2017-18 growth rate.
- Venkaiah Naidu pitches for Indianisation of country's historyWestern historians and their followers had distorted the chronology and concocted many false theories that suited their purpose, Naidu said.
- States take Centre-stage in revamp of revamp of planning commissionThe government is also open for a relook on the mechanism for fund flows from the Centre to states as chief ministers were asked to give su...
- BJP Government’s claims on economy false: Congress' Anand SharmaCongress alleged that the finance minister's claim on turning the economy around was exaggerated and fallacious.
- Pranab Mukherjee cautions not to ignore farm sectorMukherjee underscored that it was vital that the farm sector grows at a much faster pace for alleviating poverty, promoting inclusive growt...
- Profitably put offProcrastination has its benefits for the Indians.
- No 'poison pill' to kill Mittal bidArcelor Chief Executive Guy Dolle said in an interview on Monday that his steel group had not resorted to a "poison pill" in its battle aga...
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