Blogs about: Tversky
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On Anchoring, Pens, and Medicine
It turns out that even medical doctors are subject to the whims of irrationality and the phenomena of behavioral economics. This would come as no surprise to Nassim Taleb (whose next book I fear will … more →
fatuous diatribes
Post Number Twenty–14 May 2012–Looking At The Rule & The Dictatorship Of Law From More Than Just The Common Law Perspectrive
wrote 2 weeks ago: We all approach life, especially the new, full of preconceptions see A. Tversky, Preference, Belief, … more →
Risk, Uncertainty, Heuristics, Bias
wrote 1 month ago: The meaning of the word ‘risk’ has several connotations that differ from one person to another. Dere … more →
Why CRM Works
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wrote 1 month ago: I have great admiration for the work of Daniel Kahneman. He’s an Israeli psychologist whose work wi … more →
Sketching and Representation
wrote 4 months ago: For Class (2/1) For the class session, each person please bring one piece of letter size paper, divi … more →
The Certainty of Uncertainty
wrote 5 months ago: Over the past year we have heard intermittent calls for the restoration of confidence, usually by th … more →
The Big List!
wrote 6 months ago: Whenever I introduce students to Kahneman and Tversky’s work on heuristics and biases, I usual … more →
The Allais Paradox and Misunderstanding Probability and Randomness
wrote 12 months ago: The Allais Paradox: Suppose you are given two gambles to choose from, 1A and 1B: 1A: 1 million with … more →
On the title of this blog
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wrote 1 year ago: Some of you might be wondering, what does he mean by “Boundless Rationality?” Does he th … more →
The Sunk Cost Fallacy
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wrote 1 year ago: The Misconception: You make rational decisions based on the future value of objects, investments and … more →
Knowing I: The Physical Environment
wrote 1 year ago: I have always had a terrible time with directions. My house is on the edge of Wake County, right as … more →
Von Neuman beats Hawkings...
wrote 1 year ago: Professor Wiggly: “Let’s start off the new year with an old idea. Hawking’s is bei … more →
Does Money Buy Happiness?
wrote 1 year ago: Does money buy happiness? It’s a trite question that I hesitate to use as the discussion topic in my … more →
Biased judgement under uncertainty
wrote 1 year ago: According to … Tversky, A., and Kahneman, D. (1974). Judgment under Uncertainty: Heuristics and Bia … more →
Behavioral Economics – a first thought
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wrote 2 years ago: So earlier this year, my friend Jason Bade (http://jasonbade.blogspot.com/) and Jen (official name: … more →
Framing
wrote 2 years ago: Yesterday I ended my post on the topic of framing, and a famous experiment by psychologists Daniel K … more →
Optimal CEO Compensation when Managers are Loss Averse
wrote 2 years ago: by Jim Naughton, for The Harvard Law School Forum at Harvard Law School, December 14, 2009. In our p … more →
Half Truths
wrote 2 years ago: Book Review THE DRUNKARD’S WALK-How Randomness Rules Our Lives-By Leonard Mlodinow The doctor told m … more →
Why Smart People Do Stupid Things
wrote 2 years ago: …or why people are irrational. A must read. From the University of Toronto magazine: Why Smar … more →
On Anchoring, Pens, and Medicine
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wrote 2 years ago: It turns out that even medical doctors are subject to the whims of irrationality and the phenomena o … more →
