biases that interfere with objective rationality
illusion of control-a belief that one can influence events even when one has no control over what will happen
framing effects-how problems or decision alternatives are phrased or perceived
subjective influences can override objective facts
discount the future-weigh short-term costs and benefits more heavily than longer-term costs and benefits
the avoidance of short-term costs or the seeking of short-term rewards may result in negative long-term consequences