A story about two minds: the vast difference between real and perceived risk

Wednesday, October 31, 2018

“In our society it is generally not considered justifiable to make a decision purely on an emotional response. We want to be considered scientific and rational, so we come up with reasons after the fact to justify our choice.” —Raj Raghunathan, McCombs School of Business, The University of Texas at Austin

Look carefully the following figures. Which one is the largest for you? The figure on the right or that one on the left?
Ebbinghaus visual illusion image

Yes, indeed they are identical. However, even if you know it, or even if you try to measure it with a ruler, you cannot avoid seeing the right one larger, right?