University of Chicago Booth School of Business Free Exhibition
The exhibition may not be large, but it can truly help you rediscover yourself. ๐ It begins with the theme of "regret." ๐ You're asked to write down "something you regret doing" and "something you regret not doing." Research shows that people tend to regret more the things they didn't do in the long run. Perhaps it's because the regret of not trying something can easily amplify over time. ๐ Choice Architecture | What Shapes Your Decisions? The exhibition introduces five key factors that influence decision-making: Fun, Easy, Attention, Social, and Timely. ๐ It turns out that so many choices we think are made out of free will are actually pre-designed. ๐คฏ Design Your Best Life: Piece Together Your Ideal Life Choose answers to three questions to form your life puzzle: 1๏ธโฃ What goal do you want to set? 2๏ธโฃ What's holding you back from achieving it? 3๏ธโฃ What's the first step you can take now? ๐งฉ I really want to improve my health, but there are so many distractions. I need to focus and block out the noise. The moment I put my puzzle on the wall, it felt like I suddenly knew what to do next. ๐ Optical Illusions An entire wall displays "upside-down" portraits that look normal until they're flipped right-side upโthen you see that the eyes are slanted downward, and Einstein looks down on me with disdain! Our brains' habitual perceptions sometimes automatically correct errors, making us miss the flaws. ๐ง ๐ Risk and Decision-Making Next is an interesting behavioral economics segment where you make choices based on preset scenarios: You have a charity raffle ticket that's won $1,000, but you must choose two out of the following four options: 1๏ธโฃ Win $250 for sure 2๏ธโฃ Lose $750 for sure 3๏ธโฃ 25% chance to win $1,000, 75% chance to win nothing 4๏ธโฃ 25% chance to lose $0, 75% chance to lose $1,000 What would you choose? ๐ค This simple game reveals a profound shift in people's thinking when facing "gains" and "losses." Many people make completely opposite choices within a "gain-loss framework"โthis is called the framing effect. ๐ ๐ง Do You Really Know Your Friends? Sit down with your companion to take a little test: First, write down "how well you think you know them," then compare it with the actual match based on a series of specific questions. The results show that what you think you know might just be a subjective assumption. ๐ฎ ๐โโฌ First Impressions: Can You Judge Without Prejudice? The last section is about faces and biases. The first face you see often triggers the labeling system in your brainโno matter how consciously you tell yourself "don't judge a book by its cover," your brain has already reacted. Cognitive biases hide in our most unconscious glances. ๐ต๏ธโโ๏ธ #Chicago #HiddenGems #LifeInNorthAmerica