Quote:
Originally Posted by Tim Y
Streamlining the decision making has lent better, crispier outcomes.
This tour began with the simplest of levels and that is HOW WE MAKE DECISIONS.
The thought processes involved are usually mired in psychologically erroneous inhibitions and too much dead weight (the classic process of self confusion brought on by OVER EVALUATION of what is more than likely a much simpler process, "paralysis by analysis"). Great works like BLINK by Malcolm Gladwell, Thinking Fast Thinking Slow, by Noble Prize winner Khanaman, Smart Choices by Keeney Hammond and Raiffa, etc. discuss the many influences that are at work sub rosa, each and every time we confront the many controls that work together in rendering a decision.
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Good post Tim.
I have been looking at the same things. I have Khaneman's book, but haven't started it yet. I am currently reading "Risk Intelligence" by Dylan Evans. He says that risk intelligence is the ability to judge the accuracy of information that you are using to make a decision. It is having neither too much nor too little confidence in the decisions that you are making.
There is a brief interview with Evans here:
http://www.slate.com/articles/health...bilities_.html
And a 15 minute video of the presentation he made at TED called "What Can We Learn from Expert Gamblers?" here:
https://www.youtube.com/watch?v=7jyokhjUCyk
Also the first chapter is on the Amazon page for the book, with some good stuff about an old study of horse players (harness track) who displayed risk intelligence.
https://www.amazon.com/Risk-Intellig...ds=dylan+evans