Daniel Kahneman, Nobel Prize winner and emeritus professor at Princeton University, and Olivier Sibony, professor of strategy at HEC, say that bias isn't the only thing that prevents people and organizations from making good choices. We’re also susceptible to something they call "noise" - variability in calls made by otherwise interchangeable professionals a ... Show More
Jan 2024
BOM - Noise by Daniel Kahneman
<p>Our book this month is called “Noise: A Flaw in Human Judgement” by Daniel Kahneman, Olivier Sibony, and Cass Sunstein. Daniel Kahneman is an author, psychologist and economist notable for his work on hedonic psychology, psychology of judgment and decision-making. He is also k ... Show More
7m 59s
May 2021
Olivier Sibony on Decision-Making
<p><!-- wp:paragraph {"dropCap":true} --></p> <p class="has-drop-cap">When human judgment enters the picture, so too will errors in human judgment. Think of this as "noise," just as you might think of a signal-to-noise ratio in an audio signal. And just as in listening to music, ... Show More
38m 3s
Jun 2021
518: Daniel Kahneman | When Noise Destroys Our Best of Choices
Daniel Kahneman is a celebrated psychologist, economist, Nobel Prize winner, and author of the much-lauded Thinking, Fast and Slow and his latest, Noise: A Flaw in Human Judgment. What We Discuss with Daniel Kahneman: Why we don’t always produce the same results when faced with t ... Show More
1h 2m
Oct 2019
#68 Daniel Kahneman: Putting Your Intuition on Ice
Psychologist and Nobel laureate Daniel Kahneman shines a light on the biases that cripple our decision-making, hamstring negotiations, and damper our thinking, and shares what limited actions we can take to combat their effects. Go Premium: Members get early access, ad-free episo ... Show More
1h 7m
Aug 2024
How to Make Better Decisions, According to Science
Entrepreneurs make a mistake: They often think of decisions as binary, where one answer is definitely right and the other is definitely wrong. Astrophysicist Saul Perlmutter says there's a better way to approach decisions — and it's with "probabilistic thinking," a concept that's ... Show More
19m 9s