The Power of Negative Thinking

20 Feb

This article introduces, without mentioning it, behavioral economics.  This is an approach that posits “rational” decision making is nonsense and recognizes that most decisions are emotional to a greater or lesser extent.  It also overthrows the idea that our emotions are totally under our personal control, they most assuredly are not.  Although people are able, under some conditions, to manage their emotions to a large extent. For an in-depth discussion of this, go to the “Psychology of You” section in Beyond IQ.

Consider this, rather than just conceptualizing the worst possible outcome, imagine the best and the worst.  If you are skilled at guesstimating the future what occurs will probably lie between these two extremes.  This is a best case/worst case scenario and it effectively, as much as is possible, manages your expectations.  Food for thought.

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