(WASHINGTON POST) -- "Trust your gut." It's a cliche we've all heard (and probably even expressed at one time or another), an exhortation to not overthink decisions in realms as diverse as business, sports, dating and politics.
But is it actually good advice?
In a new paper published in the Journal of Behavioral and Experimental Economics, a trio of British economists applied some brain power to the question of gut feelings and found that people who second-guess themselves make considerably worse decisions than those who stick with instinct. The researchers focused on prediction accuracy in sports betting but said their findings would apply in any realm where people have to make educated guesses about the future.
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