
Every parent wants his child to be a successful person.
Our parents too wanted us to be successful and now we also wish the same for our children, that they do well in their life.
As a parent, we try to impart right lessons to our children. At times we succeed and other times we fail to impart the right lessons.
Read the following situation and see how will you handle this situation as a parent.
Summer holidays are over and schools are opening tomorrow. You are having dinner when your child announces that he had to finish a project report which needs to be submitted tomorrow.
When you ask why he did not do earlier, he has no answer since he was lost in the joyous freedom of holidays.
What will you do now as a parent?
Few of biases as below · Anchoring - When an individual depends too heavily on an initial piece of information during decision making · Fixed pie - When we assume that our interests conflict with the other party's interests and we play adversarial · Framing - When we decide on our options differently when the options are presented with positive or negative connotations · Vividness – When we pay attention to strong features at the expense of less, that could be more impactful · Over confidence – When our subjective confidence is greater than the objective accuracy · Escalation – When initial decision is followed up with an irrational decision to justify the initial decision
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