Reply to 3 discussion posting describing a boneheaded mistake. Identify and discuss the particular cognitive bias that contributed to this mistake.

Here's a list of cognitive biases identified and defined in this module's readings and videos:

Priming Effect

Frequent Exposure Bias

Status Quo Bias

Tunnel Vision Bias

WYSIATI

Framing Effect

Cognitive Ease/Substitution

Anchoring Effect

Discussion 1

My example of my bonehead moment isn't too drastic or consequential but valid nonetheless. Not too long ago I was in the market for a new bluetooth speaker. When shopping around the first one that sparked my interest was a brand I trusted but was over $100. I continued shopping around to see my options. In the end I decided on a different speaker than the aforementioned one, it was a decent brand with almost identical specifications as the first one but significantly less, at $40. After using the speaker, I certainly got what I paid for, the quality was much less than I had wanted. This is a real life example of The Anchoring Bias, as I made my decision based solely on the relative prices and seemingly similar quality, thinking I was getting a deal. In addition, this was a failure of my System 2 thinking as my System 1 recognized that $40 < $100 and my System 2 was like "sure, sounds good to me." because it's lazy, when, ideally, I should have considered there was a reason it cost so much less than the first speaker.

Discussion 2

My bonehead mistake could've caused me to crash my car. I had recently bought my uncle's street legal race car. It had been sitting in the shed and hadn't been started in over 10 years. I took the challenge of fixing it up and having it as my own. I got it running and I was so excited to drive it that I didn't look over the rest of the car to make sure everything was safe on it. Instead, I decided to drive it. I didn't use any "system 2" thinking. If I would've, I would've looked over the whole car and double checked that everything was safe. I thought I would be fine to go for a little drive with it, but I didn't think of the consequences if anything was to go wrong while on that drive. I was driving at about 60mph when my driveshaft linkage fell off because the bolt wasn't tight enough. The whole car started bouncing and I didn't have any control, so I shut it off and coasted to a stop. Luckily my friend was behind me in his truck because he had used "system 2 thinking" and had extra tools in his back seat in case anything went wrong. So, I threaded the bolt back on and I turned around and went back home to look over the rest of the car to make sure that it was safe.

Discussion 3

I have made some boneheaded mistakes though out my extents. This was one that I can't forget. I went to get my driver license test in my city. After doing the four-wheeler test, I was asked to do a two-wheeler test immediately. I was supposed to make a circle around the ground with the two-wheeler. But I wasn't told as it was evident. and because I had just come from taking another test and went straightly to the next one that I was not prepare for, the second test was unsuccessful. This was an example of system 1 failure because i didn't have time to process it was a mistake. People make these kinds of mistakes all the time in life on a daily basis. Due to the fact that we are not making proper analysis of the situations. System 1 is more of an automatic operation or uncontrollable that happens very quickly and abruptly. System 2 is more detailed and planned thinking. System 1 thinking is more of an idea that is an exact figure or answer. it is important to distinguish between the two systems because both of them are operational in everyone.