92. Fundamental Attribution Error: Why the Pot Insists on Calling the Kettle Black (a Behavioral Economics Foundations Episode)

<p><span style="font-weight: 400;">Fundamental attribution error is another example of a behavioral economics concept with a really terrible name. Similar to my choice to call “hyperbolic time discounting” the “I’ll start Monday effect” fundamental attribution error is one where I think we can benefit from a simpler name, I like to call this the “Pot / Kettle Phenomenon.” You may be able to tell from that name a little bit about how this concept works, but here’s the simple explanation and then we will get into the details.</span></p> <p><span style="font-weight: 400;">If you have ever heard the phrase, “that’s like the pot calling the kettle black” we are basically talking about fundamental attribution error – when you use different criteria to think about yourself and how you are acting than you use to think about and judge others. Today, I explain this concept and share examples that bring it to life. I also give you an actionable five step plan to change the way you react to others and have less instances of this phenomenon. </span></p> <p><span style="font-weight: 400;">I’ve received an overwhelmingly positive response from listeners about</span> <a href= "https://thebrainybusiness.com/podcast/91-coronavirus-and-how-the-human-brain-responds-to-pandemics/"> <span style="font-weight: 400;">last week’s episode about coronavirus</span></a> <span style="font-weight: 400;">and why our brains react the way they do in pandemics. If you’re still wondering why people are hoarding toilet paper, this episode will help explain why. </span></p> <p><span style="font-weight: 400;">If you’re interested in joining the BE Thoughtful Revolution, you can get a 7 day free trial and a 50% discount using the code HALFOFF</span> <a href= "https://thebrainybusiness.vipmembervault.com/products/courses/view/1009944"> <span style="font-weight: 400;">learn more here</span></a><span style= "font-weight: 400;">.  </span></p> <h3><span style="font-weight: 400;">Show Notes:</span></h3> <ul> <li style="font-weight: 400;"><span style= "font-we