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| === 2021 - Daniel Kahneman, Oliver Sibony, Cass R. Sunstein === | === 2021 - [[ https://en.wikipedia.org/wiki/Daniel_Kahneman | Daniel Kahneman ]], Oliver Sibony, Cass R. Sunstein === |
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Read the first few chapters, the message is that people are not consistent or strictly rational. .p22 Sentencing: legal outcomes vary with judge, mood, weather. Guidelines reduce variance. . KL: for punitive justice, variance discourage more offenses. .p33 Insurance adjusters vary. Results costly. . KL: Perhaps fixable, but the insured may cut more corners if there is less risk of doing so. .p54 Professional Judgment: judgements vary. Wrong? Variance is how evolution explores. And so on. The |
Noise
A Flaw in Human Judgement
2021 - [[ https://en.wikipedia.org/wiki/Daniel_Kahneman | Daniel Kahneman ]], Oliver Sibony, Cass R. Sunstein
153.83 Kahneman Cedar Mill Library
Read the first few chapters, the message is that people are not consistent or strictly rational.
- p22 Sentencing: legal outcomes vary with judge, mood, weather. Guidelines reduce variance.
- KL: for punitive justice, variance discourage more offenses.
- p33 Insurance adjusters vary. Results costly.
- KL: Perhaps fixable, but the insured may cut more corners if there is less risk of doing so.
- p54 Professional Judgment: judgements vary. Wrong? Variance is how evolution explores.
And so on. The