Morendil comments on Open Thread, October 16-31, 2012 - Less Wrong
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I'm planning on doing a presentation on cognitive biases and/or behavioral economics (Kahneman et al) in front of a group of university students (20-30 people). I want to start with a short experiment / demonstration (or two) that will demonstrate to the students that they are, in fact, subject to some bias or failure in decision making. I'm looking for suggestion on what experiment I can perform within 30 minutes (can be longer if it's an interesting and engaging task, e.g. a game), the important thing is that the thing being demonstrated has to be relevant to most people's everyday lives. Any ideas?
I also want to mention that I can get assistants for the experiment if needed.
Edit: Has anyone at CFAR or at rationality minicamps done something similar? Who can I contact to inquire about this?
I've done this in a few small groups, using: