Category: Psychology
-
The Unseen Struggle: Understanding and Addressing Social Isolation
Introduction In an era where connections are just a click away, it is paradoxical to consider that social isolation is an ever-increasing problem. The irony of our hyper-connected world is that while we have all the tools to engage with one another, many of us feel more alone than ever. This blog article aims to…
-
The Sunk Cost Fallacy: A Common Cognitive Bias That Shapes Decision Making
Introduction In the world of decision-making, cognitive biases often play an influential role, sometimes leading us to irrational conclusions. Among the most prevalent of these biases is the sunk cost fallacy. This mental error can guide individuals and organizations into making decisions that are influenced more by previous investments rather than rational considerations of future…