My Impression Is That The Elimination Of

Negotiations Over A Shrinking Pie Are Especially Difficult Because They Require An Allocation Of Losses. People Tend To Be Much More Easygoing When They Bargain Over An Expanding Pie.

Most Successful Pundits Are Selected For Being Opinionated, Because It's Interesting, And The Penalties For Incorrect Predictions Are Negligible. You Can Make Predictions, And A Year Later People Won't Remember Them.

One Of The Major Biases In Risky Decision Making Is Optimism. Optimism Is A Source Of High-risk Thinking.

One Study Found That People Who Just Thought About Watching Their Favorite Movie Actually Raised Their Endorphin Levels By 27 Percent.

People Exaggerate Their Confidence In Their Plans - Something We Call The Planning Fallacy... The Existence Of The Plan Tends To Induce Overconfidence.