Do you take into account probability when making decisions? Why do we make decisions that contradict probabilistic logic? Understanding probability can be especially relevant to our daily lives because we make decisions based on our perception of probability all the time. However, our perception of likely outcomes is often mathematically irrational. This is because thinking in probabilities isn’t intuitive: Most people think in terms of binary categories of “yes,” “no,” and “maybe.” Here’s why we make decisions that contradict probabilistic logic.
Why Thinking in Probabilities Is Not Intuitive
