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=== 2021 - Daniel Kahneman, Oliver Sibony, Cass R. Sunstein === === 2021 - Kahneman, Olivier Sibony, Cass R. Sunstein ===
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  [[ https://en.wikipedia.org/wiki/Daniel_Kahneman | Daniel Kahneman ]]
[[ https://en.wikipedia.org/wiki/Olivier_Sibony | Olivier Sibony ]]
[[ https://en.wikipedia.org/wiki/Cass_Sunstein | Cass R. Sunstein ]]


Read the first few chapters, the message is that people are not consistent or strictly rational.

 .p22 S'''entencing:''' 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 - Kahneman, Olivier Sibony, Cass R. Sunstein

153.83 Kahneman Cedar Mill Library

Daniel Kahneman Olivier Sibony Cass R. Sunstein

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 (last edited 2024-01-02 11:42:05 by KeithLofstrom)