Annie Duke, in Thinking in Bets, has been discussing making decisions without all the information and the negative effects of resulting. In Algorithms, your authors discuss Bayes's Rule and the need to account for your "priors". Also, you have seen from the Ted Talk this week ways you create your own reality.

What are the negative effects of "priors" and/or "resulting"? How are these concepts connected and how can you use them to understand decisions? How can you use this information to make better decisions in the future?