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Guy Desharnais - How cognitive biases are crippling the mining industry
The mining industry is strewn with failed projects, and many more that are chronically underperforming. Cognitive science shows how our brains stumble into irrational choices. Cognitive biases that are detrimental to mining include: Anchoring Effect, Courtesy Bias, Survivorship Bias and the Ikea Effect. The mining industry will continue to disappoint until it deals with the human factors that deform our assumptions and decision calculus.

May 27, 2022 09:00 AM in Brisbane

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