Episode 3
Scams and the Optimism Bias
Guest: Dale Dixon of the BBB
In this final of three episodes with BBB Chief Innovations Officer and special guest Dale Dixon, we explore the role of Optimism Bias that leads too many people to become victims of scammers because of their overconfidence in their ability to combat the scammer’s psychology-based approaches.
Dale has identified the four, science-based human biases that make us so susceptible to phone and online scams, where trained and tech-savvy scammers use serious psychology theory and techniques to move from a lucky phone call to a committed victim.
1. Recap of first three human biases: Sunk cost theory, Motivated cognition, and Selective perception
2. Fourth human bias: Optimism bias
3. Role of education in optimism bias
4. The power of habits versus awareness
5. Examples and stories of scams and steps to protect yourself
Connect with the guest, Dale Dixon:
Better Business Bureau Great West + Pacific
Subscribe to the Money Fit Show Today! We're at MoneyFit.org/Podcast
We would appreciate it if you would click the star or thumbs up to give us a like for today’s episode.
Connect with the Money Fit Show:
Twitter: @MoneyFitbyDRS
Facebook: MoneyFitbyDRS
Email: [email protected]
The Money Fit Show Episode #011 Raising Financial Freedom: Keeping the End in Mind when Teaching Children about Money Guest Name: Eric Yard About...
The Money Fit Show Episode #006 Dedication to the Game: The Shared Fundamentals of Basketball and Finance Guest: Shawn Geegbae, Author/Founder of Winning at...
The Money Fit Show Episode #009 ID Trafficking: Identify Theft Far beyond Credit Reports Guest: Pam Hult of LegalShield Identify theft goes far beyond...