Ignorance Increases the Further Away you Are
While I’m not sure of the math, I enjoyed this quote from Mobs, Messiahs, and Markets: Surviving the Public Spectacle in Finance and Politics: Ignorance increases the square of the distance from …
Conjunctive and Disjunctive-Events Bias
Mental Model: Conjunctive and Disjunctive Events Bias
Welcome to the conjunctive and disjunctive events bias. Why are we so optimistic in our estimation of a projects cost and schedule? Why are we so surprised when something inevitably goes wrong? …
A Simple Checklist to Improve Decisions
We owe thanks to the publishing industry. Their ability to take a concept and fill an entire category with a shotgun approach is the reason that more people are talking about biases. Unfortunately, …