« Climate Change | Main | End of the World »

Currently Reading

How a Nobel Prize-winning theory of the mind altered our perception of reality.

Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original studies undoing our assumptions about the decision-making process. Their papers showed the ways in which the human mind erred, systematically, when forced to make judgments in uncertain situations. Their work created the field of behavioral economics, revolutionized Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation, and made much of Michael Lewis's own work possible. Kahneman and Tversky are more responsible than anybody for the powerful trend to mistrust human intuition and defer to algorithms.


 

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.You may use Markdown or HTML in your comments if you include a URL and don't use HTML encoding please enclose it in less than and greater than signs as in <url>)

Navigation

Support this site

Google Ads


Powered by Movable Type Pro

Copyright © 2002-2017 Norman Jenson

Contact


Commenting Policy

note: non-authenticated comments are moderated, you can avoid the delay by registering.

Random Quotation

Individual Archives

Monthly Archives