You could argue that LIFE is like a long game of blackjack. A common version of this is that each person is first dealt her two playing cards. The goal is to increase your hand to 21, or as close to this as possible without bursting. Players can either “stick” with their existing hand or “twist” it by requesting that they be dealt another card to add to their total. Of course, going over 21 risks being eliminated.
This may sound far from an everyday choice, but many of the most important decisions in our lives end up in dilemmas like this. Should I stay like this or should I take the plunge and move house? Should you keep your job or start your own business? Should you put up with an unsatisfactory relationship, or try your hand at love another time? In each case, we have to weigh the safety of what we have against riskier but potentially more valuable alternatives.
The uncertainty inherent in these dilemmas causes many of us to become paralyzed and stagnant in our analysis, staying where we are and never getting the chance to win big. In contrast, some people are easily swayed by the lure of new things. They are quick to gamble until they lose everything due to impulsive behavior. If any of these scenarios sound familiar, help may be on the way. Thanks to a greater understanding of our underlying cognitive biases and how to escape them, we now have evidence-based strategies to think more rationally about these challenges, so we can put our lives on the line. Playing the game gives us the most benefit.
Source: www.newscientist.com
