The counterintuitive psychology of insurance | Orit Tykocinski | TED Talk

Behavioral psychologist Orit Tykocinski explains why our ability to assess risk is dramatically impacted by different types of ‚Äúinsurance” in his TED Talk ‚ÄúThe counterintuitive psychology of insurance.” Have you ever noticed when you carry an umbrella, it doesn’t rain? Tykocinski explores the connection between insurance and the reality-distorting risks of ‚Äúmagical thinking” that may make you rethink your rationale. Learn the pros and cons of the ‚Äúprotection effect” and its effect on your critical thinking, decision making and problem solving skills--so you can get closer to making bias-free choices and boost your mental wellness, too.