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The Black Swan: Why We Do Not See Rare Events

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Page 1: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

The Black Swan:

Why We Do Not See

Rare Events

Page 2: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

The Happy Turkey

Food per day in kg

Days of life

30 60 90 120 150 180 210 240

Christmas Day

Page 3: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

Why do we behave like happy turkeys?

A psychological approach

based on

Thinking, Fast and Slowby Nobel Prize winner

Daniel Kahneman

Page 4: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

Overview

•Our mind: a machine that produces associations

•Priming (creating a basic attitude)

▫Lady Macbeth effect▫Honesty Box effect

• Environmental Priming

Page 5: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

ASSOCIATIONS

Page 6: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

rat

Page 7: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

•Pupils widen •Face twists•Expression of disgust•Move away from the sight•Heart rate increases•Hair on the arms rises•Start to sweat→ We react as if the experience was real

Associations:Automatic reactions to the word

(and to the images associated with it)

Page 8: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

Idea 4

Emotions + feelings

facial expressions gestures

Associations

Idea 5

Idea 3

Idea 1

Idea 2

memoriesactivated

Idea “RAT“

stronger memory

Page 9: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

EXPERIMENT

Page 10: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

SO_P

Priming(automatische Aktivierung von Einstellungen z. B. in Vorurteilen/Stereotypen)

Page 11: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

SOUP

SOAP

The idea of “food” primes the idea of “soup”

The idea of “bath” primes the idea of “soap”

unconscious

unconscious

Page 12: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

Lady Macbeth (Shakespeare)

▫ Lady Macbeth wants to become the queen of Scotland▫ her husband (Macbeth) is not a king▫ Lady M. sends husband to kill king Duncan▫ Macbeth kills the king but forgets to take dagger (Dolch)

▫ Lady M. fetches dagger▫ her hands covered with blood▫ washes her hands (thinking the sin is gone, too)▫ Later: nightmares

her subconscious (Unterbewusstsein) stored picture of bloody hands => wants to wash them all the time

Page 13: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

Experiment Priming: “Lie to your friend …”

… on the phone!” (Group 1) … in an email!” (Group 2)

“Go to a shop and buy mouthwash or soap.”

What do you think the people in each group bought?

Group 1 => prefer mouthwash over soapGroup 2 => prefer soap over mouthwash

Lady Macbeth Effect

Page 14: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

Honesty Box Experiment

• Office kitchen

• Minimum contribution: 15 pennies

• One week: picture

• One week: eyes

When do you think the people paid more?

Page 15: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

Source: „Thinking , Fast and Slow“ (Daniel Kahneman)

Kahneman’s Results

Page 16: The Black Swan: Why We Do Not See Rare Events. The Happy Turkey Food per day in kg Days of life 306090120150180210240 Christmas Day

Time

Actions

Priming and environmental protection

All the arctic ice melts: => Sea level rises by 6 m