Golden Hammer
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Golden Hammer
The law of the instrument, law of the hammer, Maslow's hammer (or gavel), or golden hammer is a cognitive bias that involves an over-reliance on a familiar tool. Abraham Maslow wrote in 1966, "If the only tool you have is a hammer, it is tempting to treat everything as if it were a nail." The concept is attributed both to Maslow and to Abraham Kaplan, although the hammer and nail line may not be original to either of them. History The English expression "a Birmingham screwdriver", meaning a hammer, refers to the practice of using the one tool for all purposes, and predates both Kaplan and Maslow by at least a century. In 1868, a London periodical, '' Once a Week'', contained this observation: "Give a boy a hammer and chisel; show him how to use them; at once he begins to hack the doorposts, to take off the corners of shutter and window frames, until you teach him a better use for them, and how to keep his activity within bounds." The first recorded statement of the concept was A ...
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Silver Bullet
In folklore, a bullet cast from silver is often one of the few weapons that are effective against a werewolf or witch. The term ''silver bullet'' is also a metaphor for a simple, seemingly magical, solution to a difficult problem: for example, penicillin circa 1930 was a "silver bullet" that allowed doctors to treat and successfully cure many bacterial infections. In folklore Some authors asserted that the idea of the werewolf's supposed vulnerability to silver dates back to the Beast of Gévaudan, a man-eating animal killed by the hunter Jean Chastel in the year 1767. However, the allegations of Chastel purportedly using a gun loaded with silver bullets are derived from a distorted detail based primarily on Henri Pourrat's ''Histoire fidèle de la bête en Gévaudan'' (1946). In this novel, the French writer imagines that the beast was shot thanks to fictitious medals of the Virgin Mary, worn by Jean Chastel in his hat and then melted down to make bullets. An account of a Jämt ...
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Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $100 billion as of November 2022, making him the world's sixth-wealthiest person. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually acqui ...
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Panacea (medicine)
A panacea , named after the Greek goddess of universal remedy Panacea, is any supposed remedy that is claimed (for example) to cure all diseases and prolong life indefinitely. It was in the past sought by alchemists in connection with the elixir of life and the philosopher's stone, a mythical substance that would enable the transmutation of common metals into gold. Through the 18th and 19th centuries, many "patent medicines" were claimed to be panaceas, and they became very big business. The term "panacea" is used in a negative way to describe the overuse of any one solution to solve many different problems, especially in medicine. The word has acquired connotations of snake oil and quackery. A panacea (or ''panaceum'') is also a literary term to represent any solution to solve all problems related to a particular issue. Mythology In Greek mythology, Panacea was one of the daughters of the Greek god of medicine Asclepius, along with her four sisters, each of whom performed one ...
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Iron Cage
In sociology, the iron cage is a concept introduced by Max Weber to describe the increased rationalization inherent in social life, particularly in Western capitalist societies. The "iron cage" thus traps individuals in systems based purely on teleological efficiency, rational calculation and control. Weber also described the bureaucratization of social order as "the polar night of icy darkness". The original German term is ''stahlhartes Gehäuse'' (steel-hard casing); this was translated into "iron cage", an expression made familiar to English-speakers by Talcott Parsons in his 1930 translation of Weber's ''The Protestant Ethic and the Spirit of Capitalism''.Peter Baehr, ''The "Iron Cage" and the "Shell as Hard as Steel": Parsons, Weber, and the Stahlhartes Gehäuse Metaphor in the Protestant Ethic and the Spirit of Capitalism'', History and Theory Volume 40, Issue 2, pages 153–169, May 2001/ref> This choice has been questioned recently by scholars who prefer the more direct tr ...
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Functional Fixedness
Functional fixedness is a cognitive bias that limits a person to use an object only in the way it is traditionally used. The concept of functional fixedness originated in Gestalt psychology, a movement in psychology that emphasizes holistic processing. Karl Duncker defined functional fixedness as being a mental block against using an object in a new way that is required to solve a problem.Duncker, K. (1945). "On problem solving". '' Psychological Monographs'', 58:5 (Whole No. 270). This "block" limits the ability of an individual to use components given to them to complete a task, as they cannot move past the original purpose of those components. For example, if someone needs a paperweight, but they only have a hammer, they may not see how the hammer can be used as a paperweight. Functional fixedness is this inability to see a hammer's use as anything other than for pounding nails; the person couldn't think to use the hammer in a way other than in its conventional function. When tes ...
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Einstellung Effect
Einstellung () is the development of a mechanized state of mind. Often called a problem solving set, Einstellung refers to a person's predisposition to solve a given problem in a specific manner even though better or more appropriate methods of solving the problem exist. The Einstellung effect is the negative effect of previous experience when solving new problems. The Einstellung effect has been tested experimentally in many different contexts. The most famous example (which led to the coining of the term by Abraham S. Luchins and Edith Hirsch, Edith Hirsch Luchins) is the Luchins water jar experiment, in which subjects were asked to solve a series of water pouring puzzle, water jar problems. After solving many problems which had the same solution, subjects applied the same solution to later problems even though a simpler solution existed (Luchins, 1942).. Other experiments on the Einstellung effect can be found in ''The Effect of Einstellung on Compositional Processes'' and ''Ri ...
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Confirmation Bias
Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or supports one's prior beliefs or values. People display this bias when they select information that supports their views, ignoring contrary information, or when they interpret ambiguous evidence as supporting their existing attitudes. The effect is strongest for desired outcomes, for emotionally charged issues, and for deeply entrenched beliefs. Confirmation bias cannot be eliminated, but it can be managed, for example, by education and training in critical thinking skills. Biased search for information, biased interpretation of this information, and biased memory recall, have been invoked to explain four specific effects: # ''attitude polarization'' (when a disagreement becomes more extreme even though the different parties are exposed to the same evidence) # ''belief perseverance'' (when beliefs persist after the evidence for them is shown to be false) # the ''irr ...
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Regulatory Capture
In politics, regulatory capture (also agency capture and client politics) is a form of corruption of authority that occurs when a political entity, policymaker, or regulator is co-opted to serve the commercial, ideological, or political interests of a minor constituency, such as a particular geographic area, industry, profession, or ideological group. When regulatory capture occurs, a special interest is prioritized over the general interests of the public, leading to a net loss for society. The theory of client politics is related to that of rent-seeking and political failure; client politics "occurs when most or all of the benefits of a program go to some single, reasonably small interest (e.g., industry, profession, or locality) but most or all of the costs will be borne by a large number of people (for example, all taxpayers)". Theory For public choice theorists, regulatory capture occurs because groups or individuals with high-stakes interests in the outcome of policy or re ...
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Déformation Professionnelle
''Déformation professionnelle'' (, ''professional deformation'' or ''job conditioning'') is a tendency to look at things from the point of view of one's own profession or special expertise, rather than from a broader or humane perspective. It is often translated as "professional deformation", though French '' déformation'' can also be translated as "distortion". The implication is that professional training, and its related socialization, often result in a distortion of the way one views the world. The Nobel laureate Alexis Carrel has observed that " ery specialist, owing to a well-known professional bias, believes that he understands the entire human being, while in reality he only grasps a tiny part of him." History "Déformation professionnelle" was used in 19th-century medicine to describe a bodily deformity caused by one's occupation. As a term in psychology, it was likely introduced by the Belgian sociologist , or the Russian-American sociologist Pitirim Sorokin. The col ...
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Instrumentalism
In philosophy of science and in epistemology, instrumentalism is a methodological view that ideas are useful instruments, and that the worth of an idea is based on how effective it is in explaining and predicting phenomena. According to instrumentalists, a successful scientific theory reveals nothing known either true or false about nature's unobservable objects, properties or processes. Scientific theory is merely a tool whereby humans predict ''observations'' in a particular domain of nature by formulating laws, which state or summarize regularities, while theories themselves do not reveal supposedly hidden aspects of nature that somehow ''explain'' these laws. Instrumentalism is a perspective originally introduced by Pierre Duhem in 1906.Roberto Torretti, ''The Philosophy of Physics'' (Cambridge: Cambridge University Press, 1999)pp. 242–43 "Like Whewell and Mach, Duhem was a practicing scientist who devoted an important part of his adult life to the history and philosophy of p ...
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RubyMotion
RubyMotion is an IDE of the Ruby programming language that runs on iOS, OS X and Android. RubyMotion is a commercial product created by Laurent Sansonetti for HipByteRubyMotion - About
RubyMotion.com. Retrieved 2012-06-16.
and is based on for OS X. RubyMotion adapted and extended MacRuby to work on platforms beyond OS X. RubyMotion apps execute in an iOS simulator alongside a read-eval-print loop (REPL) for interactive inspection and modification. 3rd-party Objective-C libraries can be included in a RubyMotion project, either manually or by using a pa ...
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Comfort Zone
comfort zone is a psychological state in which things feel familiar to a person and they are at ease and (perceive they are) in control of their environment, experiencing low levels of anxiety and stress. Bardwick defines the term as "a behavioral state where a person operates in an anxiety-neutral position." Brené Brown describes it as "Where our uncertainty, scarcity and vulnerability are minimized—where we believe we'll have access to enough love, food, talent, time, admiration. Where we feel we have some control." Performance management White (2009) refers to the "optimal performance zone", in which performance can be enhanced by some amount of stress. Beyond the optimum performance zone, lies the "danger zone" in which performance declines rapidly under the influence of greater anxiety. However, stress in general can have an adverse effect on decision making: fewer alternatives are tried outStaal, Mark A"Stress, cognition, and human performance: A literature review a ...
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