Pranam
Compilation is quite good; but what exactly does it speak?; general
attitudes of life logic approached by the cross section of the society. Adi
Shankara had woven Advaitham with these discussions in his तर्कशास्त्रम्
<https://www.shabdkosh.com/dictionary/sanskrit-english/%E0%A4%A4%E0%A4%B0%E0%A5%8D%E0%A4%95%E0%A4%B6%E0%A4%BE%E0%A4%B8%E0%A5%8D%E0%A4%A4%E0%A5%8D%E0%A4%B0%E0%A4%AE%E0%A5%8D/%E0%A4%A4%E0%A4%B0%E0%A5%8D%E0%A4%95%E0%A4%B6%E0%A4%BE%E0%A4%B8%E0%A5%8D%E0%A4%A4%E0%A5%8D%E0%A4%B0%E0%A4%AE%E0%A5%8D-meaning-in-english>
(Tharka sastram) and निरूहः
<https://www.shabdkosh.com/dictionary/sanskrit-english/%E0%A4%A8%E0%A4%BF%E0%A4%B0%E0%A5%82%E0%A4%B9%E0%A4%83/%E0%A4%A8%E0%A4%BF%E0%A4%B0%E0%A5%82%E0%A4%B9%E0%A4%83-meaning-in-english>
(Niruha
or niruktam). Simple every one would have read is:  There is a smoke on the
hill top seen from the ground; and therefore the logid goes as there is
afire so the smoke; mind draws the hasty conclusion without any further
verification; it is also added further, that because someone else said
that, ity is bounty to be correct or erroneous; may be a fog could have
caused the appearance of a smoke. But people do not bother to verify; that
is   Fact-Check Scarcity Principle: here. Hope I had made my point clear;
iniya ulavaga ivvidam irutalinaal, why kai kavardhantru. Many theories
might flabberghast the west but it is a pity that it is attracting us also.
Diplomacy is our subject Artha sastra; and that sastra contains all these.
KR IRS 301221

On Thu, 30 Dec 2021 at 09:25, Rangarajan T.N.C. <[email protected]>
wrote:

>
>
>
>
> 100 Little IdeasFeb 20, 2020 by Morgan Housel
> <https://www.collaborativefund.com/blog/authors/morgan/>
>
> Alist of ideas, in no particular order and from different fields, that
> help explain how the world works:
>
> Depressive Realism: Depressed people have a more accurate view of the
> world because they’re more realistic about how risky and fragile life is.
> The opposite of “blissfully unaware.”
>
> Skill Compensation: People who are exceptionally good at one thing tend
> to be exceptionally poor at another.
>
> Curse of Knowledge: The inability to communicate your ideas because you
> wrongly assume others have the necessary background to understand what
> you’re talking about.
>
> Base Rates: The success rate of everyone who’s done what you’re about to
> try.
>
> Base-Rate Neglect: Assuming the success rate of everyone who’s done what
> you’re about to try doesn’t apply to you, caused by overestimating the
> extent to which you do things differently than everyone else.
>
> Compassion Fade: People have more compassion for small groups of victims
> than larger groups, because the smaller the group the easier it is to
> identify individual victims.
>
> System Justification Theory: Inefficient systems will be defended and
> maintained if they serve the needs of people who benefit from them –
> individual incentives can sustain systemic stupidity.
>
> Three Men Make a Tiger: People will believe anything if enough people
> tell them it’s true. It comes from a Chinese proverb that if one person
> tells you there’s a tiger roaming around your neighborhood, you can assume
> they’re lying. If two people tell you, you begin to wonder. If three say
> it’s true, you’re convinced there’s a tiger in your neighborhood and you
> panic.
>
> Buridan’s Ass: A thirsty donkey is placed exactly midway between two
> pails of water. It dies because it can’t make a rational decision about
> which one to choose. A form of decision paralysis.
>
> Pareto Principle: The majority of outcomes are driven by a minority of
> events.
>
> Sturgeon’s Law: “90% of everything is crap.” The obvious inverse of the
> Pareto Principle, but hard to accept in practice.
>
> Cumulative advantage: Social status snowballs in either direction because
> people like associating with successful people, so doors are opened for
> them, and avoid associating with unsuccessful people, for whom doors are
> closed.
>
> Impostor Syndrome: Fear of being exposed as less talented than people
> think you are, often because talent is owed to cumulative advantage rather
> than actual effort or skill.
>
> Anscombe’s Quartet: Four sets of numbers that look identical on paper
> (mean average, variance, correlation, etc.) but look completely different
> when graphed. Describes a situation where exact calculations don’t offer a
> good representation of how the world works.
>
> [image: Screen Shot 2020-02-20 at 10.14.45 AM-0503cf.png]
>
> Ringelmann Effect: Members of a group become lazier as the size of their
> group increases. Based on the assumption that “someone else is probably
> taking care of that.”
>
> Semmelweis Reflex: Automatically rejecting evidence that contradicts your
> tribe’s established norms. Named after a Hungarian doctor who discovered
> that patients treated by doctors who wash their hands suffer fewer
> infections, but struggled to convince other doctors that his finding was
> true.
>
> False-Consensus Effect: Overestimating how widely held your own beliefs
> are, caused by the difficulty of imagining the experiences of other people.
>
> Boomerang Effect: Trying to persuade someone to do one thing can make
> them more likely to do the opposite, because the act of persuasion can feel
> like someone stealing your freedom and doing the opposite makes you feel
> like you’re taking your freedom back.
>
> Chronological Snobbery: “The assumption that whatever has gone out of
> date is on that account discredited. You must find why it went out of date.
> Was it ever refuted (and if so by whom, where, and how conclusively) or did
> it merely die away as fashions do? If the latter, this tells us nothing
> about its truth or falsehood. From seeing this, one passes to the
> realization that our own age is also ‘a period,’ and certainly has, like
> all periods, its own characteristic illusions.” – C.S. Lewis
>
> Planck’s Principle: “A new scientific truth does not triumph by
> convincing its opponents and making them see the light, but rather because
> its opponents eventually die and a new generation grows up that is familiar
> with it.”
>
> McNamara Fallacy: A belief that rational decisions can be made with
> quantitative measures alone, when in fact the things you can’t measure are
> often the most consequential. Named after Defense Secretary McNamara, who 
> tried
> to quantify
> <https://www.collaborativefund.com/blog/immeasurably-important/>every
> aspect of the Vietnam War.
>
> Courtesy Bias: Giving opinions that are likely to offend people the
> least, rather than what you actually believe.
>
> Berkson’s Paradox: Strong correlations can fall apart when combined with
> a larger population. Among hospital patients, motorcycle crash victims
> wearing helmets are more likely
> <https://onlinelibrary.wiley.com/doi/full/10.1111/joim.12363> to be
> seriously injured than those not wearing helmets. But that’s because most
> crash victims saved by helmets did not need to become hospital patients,
> and those without helmets are more likely to die before becoming a hospital
> patient.
>
> Group Attribution Error: Incorrectly assuming that the views of a group
> member reflect those of the whole group.
>
> Baader-Meinhof Phenomenon: Noticing an idea everywhere you look as soon
> as it’s brought to your attention in a way that makes you overestimate its
> prevalence.
>
> Ludic Fallacy: Falsely associated simulations with real life. Nassim
> Taleb: “Organized competitive fighting trains the athlete to focus on the
> game and, in order not to dissipate his concentration, to ignore the
> possibility of what is not specifically allowed by the rules, such as kicks
> to the groin, a surprise knife, et cetera. So those who win the gold medal
> might be precisely those who will be most vulnerable in real life.”
>
> Normalcy Bias: Underestimating the odds of disaster because it’s
> comforting to assume things will keep functioning the way they’ve always
> functioned.
>
> Actor-Observer Asymmetry: We judge others based solely on their actions,
> but when judging ourselves we have an internal dialogue that justifies our
> mistakes and bad decisions.
>
> The 90-9-1 Rule: In social media networks, 90% of users just read
> content, 9% of users contribute a little content, and 1% of users
> contribute almost all the content. Gives a false impression of what ideas
> are popular or “average.”
>
> Texas Sharpshooter Fallacy: Goals set retroactively after an activity,
> like shooting a blank wall and then drawing a bullseye around the holes you
> left, or picking a benchmark after you’ve invested.
>
> Fredkin’s Paradox: Confronted with two equally good options, you struggle
> to decide, even though your decision doesn’t matter because both options
> are equally good. The more equal the options, the harder the decision.
>
> Poisoning the Well: Presenting irrelevant adverse information about
> someone in a way that makes everything else that person says seem
> untrustworthy. “Before you hear my opponent’s healthcare plan, let me
> remind you that he got a DUI in college.”
>
> Golem Effect: Performance declines when supervisors/teachers have low
> expectations of your abilities.
>
> Appeal to Consequences: Arguing that a hypothesis must be true (or false)
> because the outcome is something you like (or dislike). The classic example
> is arguing that climate change isn’t real because combating climate change
> will hurt the economy.
>
> Plain Folks Fallacy: People of authority acquiring trust by presenting
> themselves as Average Joe’s, when in fact their authority proves they are
> different from everyone else.
>
> Behavioral Inevitability: “History never repeats itself; man always
> does.” – Voltaire
>
> Apophenia: A tendency to perceive correlations between unrelated things,
> because your mind can only deal with tiny sample sizes and assuming things
> are correlated creates easy/comforting explanations of how the world works.
>
> Self-Handicapping: Avoiding effort because you don’t want to deal with
> the emotional pain of that effort failing.
>
> Hanlon’s Razor: “Never attribute to malice that which can be adequately
> explained by stupidity.”
>
> False Uniqueness Effect: Assuming your skills are unique when they’re
> not. Comes from conflating “I’m good at this” with “Others are bad at this.”
>
> Hard-Easy Effect: Hard tasks promote overconfidence because the rewards
> are high and fun to dream about; easy tasks promote underconfidence because
> they’re boring and easy to put off.
>
> Neglect of Probability: Arguing that Nate Silver was wrong when he said
> Hillary Clinton has a 70% chance of winning, and using Donald Trump’s
> victory as your proof. Good predictions are based on probabilities, but the
> assessment of predictions are always binary, right or wrong.
>
> Cobra Effect: Attempting to solve a problem makes that problem worse.
> Comes from an Indian story about a city infested with snakes offering a
> bounty for every dead cobra, which caused entrepreneurs to start breeding
> cobras for slaughter.
>
> Braess’s Paradox: Adding more roads can make traffic worse because new
> shortcuts become popular and overcrowded.
>
> Non-Ergodic: When group probabilities don’t apply to singular events. If
> 100 people play Russian Roulette once, the odds of dying might be, say,
> 10%. But if one person plays Russian Roulette 100 times, the odds are dying
> are practically 100%.
>
> Pollyanna Principle: It’s easier to remember happy memories than bad ones.
>
> Declinism: Perpetually viewing society as in decline, because you’re
> afflicted by the Pollyanna Principle and you forget how much things sucked
> in the past.
>
> Empathy Gap: Underestimating how you’ll behave when you’re “hot”
> (angry/aroused/rushed), caused by the inability to accurately foresee how
> your body’s physical response to situations (dopamine, adrenaline, etc.)
> will influence decision-making.
>
> Abilene Paradox: A group decides to do something that no one in the group
> wants to do because everyone mistakenly assumes they’re the only ones who
> object to the idea and they don’t want to rock the boat by speaking up.
>
> Collective Narcissism: Exaggerating the importance and influence of your
> social group (country, industry, company, department, etc.).
>
> Moral Luck: Praising someone for a good deed they didn’t have full
> control over. “Avoid calling heroes those who had no other choice.” – Taleb.
>
> Feedback Loops: Falling stock prices scare people, which cause them to
> sell, which makes prices fall, which scares more people, which causes more
> people to sell, and so on. Works both ways.
>
> Hawthorne Effect: Being watched/studied changes how people behave, making
> it difficult to conduct social studies that accurately reflect the real
> world.
>
> Perfect Solution Fallacy: Comparing reality with an idealized
> alternative. Prevalent in any field governed by uncertainty.
>
> Weasel Words: Phrases that appear to have meaning but convey nothing
> tangible. “Growth was solid last quarter,” or “Many people believe.”
>
> Hormesis: Something that hurts you in a high dose can be good for you in
> small doses. (Weight on your bones, drinking red wine, etc.)
>
> Backfiring Effect: A supercharged version of confirmation bias where
> being presented with evidence that goes against your beliefs makes you
> double down on your initial beliefs because you feel you’re being attacked.
>
> Reflexivity: When cause and effect are the same. People think Tesla will
> sell a lot of cars, so Tesla stock goes up, which lets Tesla raise a bunch
> of new capital, which helps Tesla sell a lot of cars.
>
> Second Half of the Chessboard: Put one grain of rice on the first
> chessboard square, two on the next, four on the next, then eight, then
> sixteen, etc, doubling the amount of rice on each square. When you’ve
> covered half the chessboard’s squares you’re dealing with an amount of rice
> that can fit in your lap; in the second half you quickly get to a pile that
> will consume an entire city. That’s how compounding works: slowly, then
> ferociously.
>
> Peter Principle: Good workers will continue to be promoted until they end
> up in a role they’re bad at.
>
> Friendship Paradox: On average, people have fewer friends than their
> friends have. Occurs because people with an abnormally high number of
> friends are more likely to be one of your friends. It’s a fundamental part
> of social network dynamics and makes most people feel less popular than
> they are.
>
> Hedonic Treadmill: Expectations rise with results, so nothing feels as
> good as you’d imagine for as long as you’d expect.
>
> Positive Illusions: Excessively rosy views about the decisions you’ve
> made to maintain self-esteem in a world where everyone makes bad decisions
> all the time.
>
> Ironic Process Theory: Going out of your way to suppress thoughts makes
> those thoughts more prominent in your mind.
>
> Clustering Illusions: Falsely assuming that the inevitable bunching of
> random results in a large sample indicates a trend.
>
> Foundational Species: A single thing that plays an outsized role in
> supporting an ecosystem, whose loss would pull down many others with it. In
> nature: kelp, algae, and coral. In business: The Federal Reserve and Amazon.
>
> Bizarreness Effect: Crazy things are easier to remember than common
> things, providing a distorted sense of “normal.”
>
> Nonlinearity: Outputs aren’t always proportional to inputs, so the world
> is a barrage of massive wins and horrible losses that surprise people.
>
> Moderating Relationship: The correlation between two variables depends on
> a third, seemingly unrelated variable. The quality of a marriage may be
> dependent on a spouse’s work project that’s causing stress.
>
> Denomination Effect: One hundred $1 bills feels like less money than one
> $100 bill. Also explains stock splits – buying 10 shares for $10 each feels
> cheaper than one share for $100.
>
> Woozle Effect: “A reliable way to make people believe in falsehoods is
> frequent repetition, because familiarity is not easily distinguished from
> truth.” - Daniel Kahneman.
>
> Google Scholar Effect: Scientific research depends on citing other
> research, and the research that gets cited the most is whatever shows up in
> the top results of Google Scholar searches, regardless of its contribution
> to the field.
>
> Inversion: Avoiding problems can be more important than scoring wins.
>
> Gambler’s Ruin: Has many meanings, the most important of which is that
> playing a negative-probability game persistently enough guarantees going
> broke.
>
> Principle of Least Effort: When seeking information, effort declines as
> soon as the minimum acceptable result is reached.
>
> Dunning-Kruger Effect: Knowing the limits of your intelligence requires a
> certain level of intelligence, so some people are too stupid to know how
> stupid they are.
>
> Knightian Uncertainty: Risk that can’t be measured; admitting that you
> don’t know what you don’t know.
>
> Aumann’s Agreement Theorem: If you understand your opponent’s beliefs you
> cannot agree to disagree. If you agree to disagree it’s because one side
> doesn’t understand the other side’s view.
>
> Focusing Effect: Overemphasizing factors that seem important but exist as
> part of a complex system. People from the Midwest assume Californians are
> happier because the weather is better, but they’re not because Californians
> also deal with traffic, bad bosses, unhappy marriages, etc, which more than
> offset the happiness boost from sunny skies.
>
> The Middle Ground Fallacy: Falsely assuming that splitting the difference
> between two polar opposite views is a healthy compromise. If one person
> says vaccines cause autism and another person says they don’t, it’s not
> right to compromise and say vaccines sometimes cause autism.
>
> Rebound Effect: New symptoms, or supercharged old symptoms, emerge when
> medicine or other protections are withdrawn.
>
> Ostrich Effect: Avoiding negative information that might challenge views
> that you desperately want to be right.
>
> Founder’s Syndrome: When a CEO is so emotionally invested in a company
> that they can’t effectively delegate decisions.
>
> In-Group Favoritism: Giving preference to people from your social group
> regardless of their objective qualifications.
>
> Bounded Rationality: People can’t be fully rational because your brain is
> a hormone machine, not an Excel spreadsheet.
>
> Luxury Paradox: The more expensive something is the less likely you are
> to use it, so the relationship between price and utility is an inverted U.
> Ferraris sit in garages; Hondas get driven.
>
> Meat Paradox: Dogs are family, pigs are food. Some animals classified as
> food are wrongly perceived to have lower intelligence than those classified
> as pets. An example of morality depending on utility.
>
> Fluency Heuristic: Ideas that can be explained simply are more likely to
> be believed than those that are complex, even if the simple-sounding ideas
> are nonsense. It occurs because ideas that are easy to grasp are hard to
> distinguish from ideas you’re familiar with.
>
> Historical Wisdom: “The dead outnumber the living 14 to 1, and we ignore
> the accumulated experience of such a huge majority of mankind at our
> peril.” – Niall Ferguson
>
> Fact-Check Scarcity Principle: This article is called 100 Little Ideas
> but there are fewer than 100 ideas. 99% of readers won’t notice because
> they’re not checking, and most of those who notice won’t say anything.
> Don’t believe everything you read.
>
> Emotional Contagion: One person’s emotions trigger the same emotions in
> other people, because evolution has selected for empathizing with those in
> your social group whose actions you rely on.
>
> Tribal Affiliation: Beliefs can be swayed by identity and a desire to fit
> in over rational analysis. There is little correlation between
> <http://climatescience.oxfordre.com/view/10.1093/acrefore/9780190228620.001.0001/acrefore-9780190228620-e-305>
>  climate
> change denial and scientific literacy. But there is a strong correlation
> between climate change denial and political affiliation.
>
> Emotional Competence: The ability to recognize others’ emotions and
> respond to them productively. Harder and rarer than it sounds.
>
>    https://www.collaborativefund.com/blog/100-little-ideas/
>
>

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